Which of the Following Is an Example of an Individual

question 33

Multiple Choice

Which of the following is an example of an individual source of resistance to change?

• A) limited focus of change
• B) threat to expertise
• C) fear of the unknown
• D) decisions that disrupt traditions

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Definitions:

Guarantor

An individual or organization that commits to taking on the debt or fulfilling the contract obligations of another party if that initial party does not uphold their responsibilities.

Subrogation

The legal process by which one party assumes the rights of another party to recover debts or damages paid on their behalf.

Surety

A surety refers to a person or entity that takes responsibility for another's performance of an undertaking, for example, guaranteeing the payment of a debt.

Prepayment

The act of repaying a loan or part of a loan before its due date, which can sometimes lead to penalties or the waiving of future interest.