In the Instances Where a Loan Has Been Issued Under

question 44

Multiple Choice

In the instances where a loan has been issued under certain terms and has to be repaid, what happens when the borrower does not uphold these stipulations?

• A) call
• B) option
• C) payment
• D) default
• E) fraud

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Definitions:

Culture Lag

The delay in cultural adjustments to changing social conditions.

Subcultures

Groups within a larger culture that differentiate themselves through unique sets of norms, values, or interests.

Countercultures

Subcultures created as a reaction against the values of the dominant culture.

Sources of Cultural Change

Factors or agents that contribute to the modification of cultural norms, values, and practices.