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In the U.S., a common cultural belief is that debts must be repaid. Which of the following is true of other societies?

A.
Societies that use fiat money do not have a concept of debt

B.
People in some societies prefer to leave debts unpaid because they establish socially important bonds

C.
All societies view debt as something that must be repaid

D.
Societies that use commodity money do not have a concept of debt

Sagot :

Parrain

Answer: C.  All societies view debt as something that must be repaid

Explanation:

Generally speaking, there is no society that does not treat debt as something that should be repaid because being debt, it was acquired with the promise that the owner would be paid back the death after a certain period.

To come and deny a person the chance to get their money back when the time comes is simply not a good thing and it would be very rare to find out that some societies are fine with debt not being repaid.

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