An Occupation That Seeks to Imitate a Profession Follows the Process

question 22

Multiple Choice

An occupation that seeks to imitate a profession follows the process of

• A)deprofessionalization.
• B)mystification.
• C)professionalization.
• D)turf definition.
• E)professionalism.

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Definitions:

Termination Statement

An amendment to a financing statement, which states that the debtor has no obligation to the secured party.

Secured Party

A creditor or lender that has an interest, typically in the form of a lien, in the collateral offered by the debtor to secure a loan or obligation.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower defaults.

Proceeds

The total amount of money or assets that result from a particular transaction or event.