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Adults Who Form Stepfamilies Expect a Smooth and Quick Adjustment

question 53

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Adults who form stepfamilies expect a smooth and quick adjustment while children expect that the stepparent will disappear and their parents will be reunited. This is known as the stage in Papernow's seven-stage model of stepfamily development.


Definitions:

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business or used to pay off debt.

Contractual Loan Restrictions

Clauses in a loan agreement that limit the borrower's actions in certain ways to reduce the lender's risk.

Preferred Dividends

Payments made to preferred shareholders before any dividends are distributed to common shareholders, often at a fixed rate and with priority over common dividends.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders, but rather reinvested in the business or held as reserves.

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