An Open Account Is Most Convenient for the Buyer

question 48

True/False

An open account is most convenient for the buyer.

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Definitions:

Motives

Internal states or conditions that activate behavior and give it direction towards specific goals or needs.

Equilibrium

Equilibrium is a state of balance or stability within a system, achieved through the equal action of opposing forces.

Drive-Reduction Theory

A theory of motivation proposing that the primary purpose of behavior is the reduction of drives, which are state of tension or arousal caused by biological or physiological needs.

Homeostatic

Pertaining to homeostasis, the process by which a steady state of internal conditions is maintained in a living organism despite external changes.