Mark Purchased a Very Expensive Automobile on Credit

question 8

Essay

Mark purchased a very expensive automobile on credit. Within a week, Mark discovered that a tune-up was necessary, for he was in the habit of driving at an excessive rate of speed. When the car was repaired, the bill was more than $1,000. Mark does not have the money to pay for the car repairs or the monthly car payments. The credit company as well as the repair shop are concerned over who has priority of repayment. Who has priority and why?

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Definitions:

Prior Experiences

previously encountered events or situations that influence an individual's current thinking, behavior, or learning.

Experimental Research

A systematic and scientific approach to research in which the researcher manipulates one or more variables to determine their effect on another variable.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Unconscious Determinants

Factors that influence behavior and emotions without an individual's conscious awareness.