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To Insure Conformity to the Values and Norms of the Group

question 6

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To insure conformity to the values and norms of the group, religious organizations sometimes resort to excommunication.However, religious groups which exercise this option may risk alienating members; thus it is important in most cases to persuade members to cooperate voluntarily.This is the


Definitions:

Loan Guarantees

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Implicit Call Option

An option embedded in an investment that gives the holder the right but not the obligation to undertake certain actions under specific conditions.

Convertible Bond

A type of bond that can be converted into a predetermined number of shares of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.

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