The Ability to Collect on a Debt in a Timely

question 221

Multiple Choice

The ability to collect on a debt in a timely manner is due to:

• A) economies of scale.
• B) a good legal system.
• C) a highly educated workforce.
• D) investment in physical capital.

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Definitions:

Specialised

Refers to a focus or concentration on a particular area of knowledge or activity, often indicating expertise.

Junction

The point where two or more things converge or are joined together, often referring to roadways, neurons, or other connections.

Neurons

Specialized nerve system cells that convey information to other neurons, muscles, or glands.

Hereditary Influence

The impact of genetic factors inherited from parents on an individual's traits, characteristics, and tendencies.