For Several Months Vivian Was Torn Between Choosing a College

question 66

Multiple Choice

For several months Vivian was torn between choosing a college major in music, business, or journalism. After some thought, she decided to major in journalism and minor in music. She needed to move forward on her goals, and if she doesn't like those classes then she will choose a different path. Vivian is displaying:

• A) identity diffusion.
• B) identity foreclosure.
• C) identity moratorium.
• D) identity achievement.

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Definitions:

Chapter 7 Bankruptcy

A legal process through which individuals or businesses can discharge their debts when they are unable to make payments to creditors.

Liquidation

The process of converting a company's assets into cash to pay off debts upon dissolution or bankruptcy.

Voluntary Reorganization

A process initiated by a company to restructure its operations, finances, or organizational structure by choice rather than being forced by creditors or court orders.

Sole Proprietorships

A business structure where a single individual owns, manages, and is solely responsible for all aspects of the business, including liabilities.