Match the Term with Its Definition

question 34

Multiple Choice

Match the term with its definition.
-1/100th of 1 percent when quoting an interest rate

• A)asset-based loan
• B)basis point
• C)equipment loan
• D)LIBOR (London InterBank Offered Rate)
• E)line of credit
• F)prime rate (base rate)
• G)purchase-order financing
• H)term loan

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Definitions:

Necessary Conditions

Necessary conditions are requirements or prerequisites that must be met for a certain event to occur or for a certain statement to be true, without which the event or statement cannot materialize.

Leadership Theories

A set of concepts and models that explain how leadership influences the performance and behavior of individuals and groups.

Attribution Theory

A psychological theory that explains how individuals infer the causes of their own and others' behavior, attributing it to either internal dispositions or external situations.

Empowerment Theory

A psychological approach that focuses on enabling individuals to gain control over their lives, work, and communities by fostering power in them.