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A customer sends payment to a post office box which is emptied by the firm's bank daily. The bank then processes the payments and notifies the firm of the day's collections. This collection technique is known as
Seligman
A psychologist known for his work on learned helplessness, positive psychology, and well-being.
Depression
A mood disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in life.
Learned Helplessness
A state where an individual experiences feelings of being powerless, resulting from a traumatic experience or ongoing inability to achieve success.
Seligman
A psychologist known for his work on learned helplessness and positive psychology.
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