Left to Their Own Devices, Customers Will Usually Choose a Lower-Cost

question 15

True/False

Left to their own devices, customers will usually choose a lower-cost channel, mainly due to habit.

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Definitions:

Homestead Exemption

A legal provision that protects a portion of a homeowner's principal residence from creditors and reduces property tax.

Auction

A public sale in which goods or property are sold to the highest bidder.

Creditor

A party or institution to whom money is owed.

Default

The failure to fulfill an obligation, especially the failure to make payments on a loan.