High-Status People,even Those Who Lack Talent or Intelligence,generally Find It

question 1

True/False

High-status people,even those who lack talent or intelligence,generally find it easier to obtain property,prestige,and power than those who are more capable but reside in lower classes.

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Definitions:

Account Receivable

Money owed to a company by its customers for goods or services provided on credit.

Sale On Account

A transaction where goods are sold and payment is to be made at a later date.

Equity

The value of an owner's interest in a company, calculated as the difference between the company's assets and liabilities.

Assets

Economic resources owned or controlled by a business or individual that are expected to bring future benefits.