Leaders Who Are Respected or Admired by Their Followers Are

question 7

Multiple Choice

Leaders who are respected or admired by their followers are said to have .

• A) legitimate power.
• B) reward power.
• C) expert power.
• D) referent power.

---

Definitions:

Foreclosure Auction

A public sale at which property is sold to the highest bidder following foreclosure.

Financial Difficulties

Situations where individuals or organizations face challenges in managing their finances, often leading to debt or bankruptcy.

Land Contract

A financing agreement for the purchase of real property, where the seller holds the title until the purchaser completes all installment payments.

Installment Contract

A contractual agreement where the buyer makes payments over time to the seller for the purchase of property, goods, or services.