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In the VALS Framework, Consumers Who Place Importance on Image-Not

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In the VALS framework, consumers who place importance on image-not as evidence of power or status, but as an expression of cultivated tastes, independence, and character-are referred to as


Definitions:

Debts Paid

The act of fulfilling obligations by paying off owed money.

Bankruptcy Court

A federal court that handles legal proceedings related to bankruptcy filings, allowing individuals or entities to settle debts under the protection of the law.

Bankruptcy Judges

Judicial officers specialized in handling bankruptcy cases, with the authority to make legal judgments and decisions regarding bankruptcy filings.

Chapter 7

A section of U.S. bankruptcy law under which a debtor's assets are liquidated and proceeds distributed to creditors.

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