__________ Is a System for Classifying People Based on Perceived

question 45

Multiple Choice

__________ is a system for classifying people based on perceived innate physical characteristics, whereas __________ is a system for classifying people who are perceived to share cultural similarities.

• A) Race; ethnicity
• B) Ethnicity; race
• C) Race; essentialism
• D) Ethnicity; essentialism

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Definitions:

Debtor's Default

A situation where a debtor fails to meet the legal obligations of a loan, such as not making scheduled payments.

Debtor's Estate

The total assets available to a debtor that can be used to settle debts in bankruptcy or insolvency proceedings.

Trustee

A person who operates a trust for beneficiaries in a business trust. In bankruptcy proceedings, an individual who takes over administration of a debtor’s estate.

Secured Party

An individual or entity that has a legal interest or lien on a debtor's property, secured by a security agreement, ensuring priority payment in case of debtor's default.