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Before Filing for Bankruptcy, a Consumer-Debtor Must Receive Credit Counseling

question 70

True/False

Before filing for bankruptcy, a consumer-debtor must receive credit counseling.


Definitions:

Annual Dividend

The total amount of dividends that a company pays to its shareholders for each share they own in a given fiscal year.

Rate of Return

The profit or deficit experienced by an investment within a certain timeframe, depicted as a percentage of the investment's original price.

Required Return

The minimum expected return investors demand for an investment, considering its risk.

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