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AssignmentMultiple Select

Bankruptcy

Question 1 • TX-Personal Financial Literacy and Economics

Which can cause a person to accumulate debt? Select all that apply.medical expenses that have become unmanageableunaffordable payments that have ballooned over timehigh credit card balances that outweigh monthly incomebusiness ventures that were unsuccessful and have failedunexpected emergencies that put a strain on a person’s income

Answer
A
medical expenses that have become unmanageable
B
unaffordable payments that have ballooned over time
C
high credit card balances that outweigh monthly income
D
business ventures that were unsuccessful and have failed
E
unexpected emergencies that put a strain on a person’s income