Tact Is a Common Response in Potentially Embarrassing Situations Because

question 89

Multiple Choice

Tact is a common response in potentially embarrassing situations because

• A) we like most people we interact with.
• B) everyone feels discomfort when everyday social reality breaks down.
• C) our cultural norms demand that we always look out for others.
• D) most people are kind at heart.

---

Definitions:

Floating-Rate Debt

A type of debt instrument with interest rates that adjust periodically based on a benchmark interest rate or index.

Fixed Rate Debt

A type of loan or security with an interest rate that remains constant throughout the life of the loan or security.

Interest Rate Swaps

Financial derivatives contracts where two parties agree to exchange one stream of interest payments for another, based on a specified principal amount.

Net Interest

Net interest refers to the difference between the interest income generated by banks or financial institutions and the amount of interest paid out to their depositors.