Which of the Following Is an Example of a Credential

question 58

Multiple Choice

Which of the following is an example of a credential society?

• A)A specific degree is required to get advertised jobs.
• B)Intelligence and skills are the most important factors in getting a job.
• C)Credentials do not need to be socially validated.
• D)They matter less in a society with mass education.

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Definitions:

Authorization to Confess Judgment

A legal provision where a debtor gives a creditor the right to enter a judgment against them without trial if they fail to meet the terms of an agreement.

Negotiability

This term refers to the characteristic of a financial instrument that enables it to be transferred or assigned from one party to another with ease and legal effect.

I.O.U.

An informal document acknowledging a debt owed.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee’s name written on the document.