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Nata [24]
3 years ago
10

What does the high rate of bankruptcy suggest about the average person's understanding of personal finance?

Social Studies
1 answer:
liberstina [14]3 years ago
4 0

Bankruptcy is a legal rank of a person or other object that cannot reimburse debts to creditors. In here the high rate means that it is a legal process in which a court takes over approximately of the finances of an individual who is incapable to recompense his or her bills.

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