A FICO Score Summarizes an Individual's Credit History in One

question 37

True/False

A FICO score summarizes an individual's credit history in one number.

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Definitions:

Justice

The moral principle of fairness and the administration of the law, ensuring that individuals receive what they are due.

Judgment

The capacity to reach thoughtful decisions or arrive at logical conclusions.

Autonomy

The right or condition of self-government, in personal decision-making, implying the capacity to make an informed, uncoerced decision.

Utilitarianism

A theory in ethics that prescribes actions that maximize happiness and well-being for the majority of a population.