Answer:
The correct answer is option C) Responsibility for others
Explanation:
Being responsible for the financial needs for others is one of the biggest factors that leads the individual towards increased income, reduced risk and increases future financial protection.
They have to pay for not only themselves, but others too, most commonly their family. Therefore, they think of investing in assets that have a high profit return and low risk of failure such as buying a property for future purposes or looking for a job that has more long term privileges.
In any business, when the cost of resources rise, the price of buying the commodity will also be high, this is because when it cost you much to produce a commodity, you will end up charging a higher price when selling it. Failure to do so may lead to making loses. The opposite is also true, when the cost of resources fall, the pricing will also be less.
When someone pays back a loan quickly it is called a sudden payoff. This question is question every consumer asks in order to decide if he/she should take a loan or not. The best for your financial state is to pay your loan the sooner you can. The reason is: you save money when you pay a loan off early and y<span>ou are financially stronger when your debt is paid.</span>