12-16A Borrower Is Considered Self Employed If He or She

question 6

Multiple Choice

12-16.A borrower is considered self employed if he or she has ownership in a company greater than:

• A) ten percent
• B) twenty-five percent
• C) thirty percent
• D) fifty percent

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Definitions:

Gender

A social construct that refers to the roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

Race

A social construct categorizing humans based on physical characteristics, ancestry, genetics, or social relations.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment, a key indicator of the labor market's health.

Adult Population

Individuals within a specified area or country who are of working age or older, often considered for labor market or demographic analyses.