Equivocating Can Be Advantageous Because It

question 102

Multiple Choice

Equivocating can be advantageous because it

• A)can save face for both the sender and receiver.
• B)provides an alternative to lying.
• C)spares the receiver from embarrassment.
• D)spares the teller from feeling guilty.
• E)All of these answers are correct or true.

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Definitions:

Loan Payments

Periodic payments made towards the balance and interest of a loan, following a predefined schedule until the loan is fully repaid.

Chapter 7

A provision under U.S. bankruptcy law for liquidating a debtor's assets to pay off creditors.

Unperfected Security Interests

A claim or lien on a debtor's property that has not met the legal requirements for enforceability against other creditors or in bankruptcy.

Secured Parties

Creditors that hold an interest in a debtor's collateral as security for the repayment of a loan or obligation.