Which of the Following Is Unlikely to Entitle the Borrower

question 23

Multiple Choice

Which of the following is unlikely to entitle the borrower to apply for relief under the hardship provisions of the National Credit Code?

• A) Francine quits her job after an argument with her boss.
• B) Edgar goes overseas to visit relatives and decides to stay.
• C) Donna is unable to work after a serious car accident.
• D) All of the above.

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Definitions:

Acid Rain

Precipitation that contains a high concentration of sulfuric or nitric acids, often resulting from the emission of sulfur dioxide and nitrogen oxides from industrial activity.

Gas Prices

represent the cost per unit volume of gasoline, a widely monitored economic indicator due to its implications on consumer spending and economic health.

Price Mechanism

The method through which supply and demand dynamics set the prices for goods and services within a market-driven economy.

Five-Year Plan

Typically a government plan for economic development over a five-year period, aimed at achieving specified goals in sectors like industry, agriculture, and technology.