_____________ Is Defined as Any Extension of Credit with Respect

question 24

Multiple Choice

_____________ is defined as any extension of credit with respect to which is the understanding of the creditor and the debtor at the time the loan is made that delay in making repayment or failure to make repayment could result in the use of violence or other criminal means to cause the harm to the person, reputation, or property of any person.

• A) Credit debt
• B) Loan shark debt
• C) Gambling debt
• D) Lender's fee

---

Definitions:

Abraham Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from most pressing at the bottom to the need for self-actualization at the top.

Equity Theory

Is concerned with a person’s perceived inputs to a (work) setting and the outcomes received from that setting. The theory suggests that everyone calculates the ratio of inputs to outcomes, similar to considering a return on any investment.

Human Resource Managers

Professionals responsible for overseeing an organization's personnel management, including recruitment, training, benefits, and compliance with labor laws.

Intrinsic Motivation

The drive to engage in an activity or behavior for its own sake, finding personal satisfaction and fulfillment rather than for some separable consequence like monetary reward.