QUESTION IMAGE
Question
use what you have learned about managing credit to complete these sentences. filing for bankruptcy can debt. a major consequence of that it can an individual’s chances of receiving additional credit. increase eliminate
- For the first sentence "Filing for bankruptcy can ____ debt": Filing for bankruptcy is a legal process to get relief from most debts, so it can eliminate debt. "Increase" doesn't make sense here as bankruptcy is about resolving debt, not increasing it.
- For the second sentence (assuming the context is bankruptcy's consequence on credit chances): Bankruptcy is a negative mark on a credit history, so it would decrease (but since the options might be implied or if we consider the common effect, it would reduce the chances; but if we look at the options given for the first part and assume the second part's options might be similar or contrasting, but based on the first part's options and credit management knowledge, bankruptcy eliminates debt but reduces (or in terms of the possible options if we consider the second blank's logic, if the first is eliminate, the second would be decrease, but if we have to choose from similar options as the first dropdown, but since the first dropdown has increase/eliminate, for the second blank, bankruptcy would decrease (but if we assume the options are increase/eliminate, but that's not logical. Wait, maybe the second sentence is "A major consequence of [bankruptcy] is that it can ____ an individual’s chances of receiving additional credit." So bankruptcy makes it harder to get credit, so it would decrease, but if the options are increase/eliminate, that might be a typo, but based on the first blank, the correct answer for the first blank is eliminate. For the second blank, if we have to choose between increase and eliminate, but that's not correct. Wait, maybe the second dropdown has options like decrease/increase, but in the given image, the first dropdown has increase/eliminate. Let's focus on the first blank first. Filing for bankruptcy can eliminate debt (as it's a way to discharge most debts). So first blank: eliminate. For the second blank, bankruptcy would decrease the chances, but if the options are increase or eliminate, that's incorrect. But maybe the second blank's options are different, but based on the given first dropdown, let's answer the first blank.
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First blank: eliminate
(For the second blank, assuming the intended options are decrease/increase, but based on the given image's first dropdown, the first answer is eliminate. If we have to answer both, and assuming the second blank's options are increase/eliminate (though that's illogical), but based on credit management, bankruptcy eliminates debt but reduces (decreases) credit chances. But since the options for the second blank are not fully visible, but for the first blank, the answer is eliminate.)