A Short-Term Loan Where Both Principal and Interest Must Be

question 88

Multiple Choice

A short-term loan where both principal and interest must be repaid in a lump sum at maturity is known as a/an ______.

• A) unsecured loan
• B) secured loan
• C) line of credit
• D) demand note

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Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals, groups, and even nations to cope with realities and to maintain self-image.

Displacement

A defense mechanism where an individual redirects emotional impulses from a real object to a substitute target.

Repression

A defense mechanism where unpleasant thoughts, feelings, or desires are unconsciously excluded from consciousness.

Psychodynamic Tradition

A psychological perspective that emphasizes unconscious processes and childhood experiences in shaping behavior and personality.