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Quinton is in desperate need for a new refrigerator but does not have good credit. Hulio indicates that he will sell Quinton a refrigerator, but Quinton will have to make weekly payments at 18% interest and, if he misses one payment, Hulio has the right to repossess the refrigerator. Hulio tells Quinton that those are the final terms and Quinton has 10 minutes to decide whether he wants to take the contract terms or find someone else to contract with. This is an example of a[n] ________.
Incentive Programs
Programs designed to motivate and reward individuals or groups to achieve specific goals.
Employee Recognition
The act of acknowledging and appreciating employees for their performance and contributions to the organization, often implemented as a strategy to motivate workforce and improve job satisfaction.
Functionalist
A sociological approach that sees society as a complex system whose parts work together to promote solidarity and stability.
Territorial Commissioner
The federal government’s representative in each of Canada’s three territories.
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