According to FICO's 2008 Scoring Model,people with the Best Credit

question 86

Multiple Choice

According to FICO's 2008 scoring model,people with the best credit have a utilization rate of no more than what percent?

• A) 5%
• B) 7%
• C) 18%
• D) 24%

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Definitions:

Legal Jurisdiction

The authority given to a legal body like a court to administer justice within a defined field of responsibility, geographically or subject-wise.

Contractual Relations

The legal bonds and obligations that arise from agreements made between two or more parties.

International Rules

Regulations, standards, or guidelines that govern relations or activities between different countries, such as trade, maritime law, or diplomatic relations.

Customs Duties

Customs duties are taxes imposed on the importation and sometimes the exportation of goods, designed to regulate international trade and raise government revenue.