Answer:
Credit life Insurance
Explanation:
The scenario describes Credit life insurance
This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.
The insurance is liable to the balance on the loan as at the time of the death of the borrower.
When you inquire about a credit card charge, then it has no impact on your credit score. The correct option among all the options given in the question is option "A". Nowhere around the world can there be any rules that can deduct the credit rating of a person for inquiring about a credit card charge. It would be absolutely ridiculous.
There are different type of economies, Mixed economies exist when the distribution of resources involves elements from more than one economic system.
<h3>What is mixed economies? </h3>
Mixed economy is a type of market system where resource are allocated and trade in market where free markets coexist with government intervention.
private companies and government owned both exist and share resources together.
Therefore, Mixed economies exist when the distribution of resources involves elements from more than one economic system.
Learn more on mixed economy here
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