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Which of the Following Is Most Likely to Be Categorized

question 181

Multiple Choice

Which of the following is most likely to be categorized as an external failure cost?


Definitions:

Credit Score

A quantitative assessment derived from a person's credit reports that indicates how creditworthy they are.

Late Payments

Financial obligations not met by the due date, often resulting in extra charges or penalties.

Credit Checks

A financial assessment conducted by lenders or companies to evaluate an individual's creditworthiness.

Employers

Individuals or organizations that hire people to work for them in return for salary or wages.

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