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The Process in Which Members of One Cultural Group Adopt

question 14

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The process in which members of one cultural group adopt the beliefs and behaviors of another group.


Definitions:

Unexpected Opportunities

Situations or prospects that were not previously planned for or considered that could benefit the company or individual.

Secured Loan Agreement

A loan agreement in which the borrower pledges an asset as collateral for the loan, which the lender can seize if the loan is not repaid.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.

Precautionary Demand

The desire to hold cash or assets as a buffer against future financial uncertainties.

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