A Leader Who Is Personally Charismatic Is Likely To

question 7

Multiple Choice

A leader who is personally charismatic is likely to:

• A) attract people to him or her.
• B) push away other people based on annoying personal characteristics.
• C) rule with an iron hand.
• D) rely on cognitive skills to impress people.

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Definitions:

Prime Rate

The interest rate that commercial banks charge their most credit-worthy customers, often used as a benchmark for other rates.

Credit Worthiness

An assessment of a borrower's ability to repay a loan or debt based on their financial history and current status.

FICO Score

A credit score measuring a borrower's likely ability to repay a loan. A person’s FICO score will range between 300 and 850. A score of 700 or more indicates that the borrower’s credit standing is good. FICO is an acronym for the Fair Isaac Corporation, the creators of the FICO score.

Mortgage Default Rate

The percentage of borrowers who fail to make their mortgage payments on time, risking foreclosure.