Social Validation Only Explains Conformity to Positive Behaviours

question 83

True/False

Social validation only explains conformity to positive behaviours.

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Definitions:

Factoring

Factoring is a financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount, to raise immediate capital.

Accounts Receivable

Money owed to a company by its customers for products or services delivered but not yet paid for.

Without Recourse

A term indicating that the seller of an asset is not responsible for the buyer's losses if the asset fails to perform as expected.

Bad Debt Risk

The probability that loans or receivables will not be collected and will result in a loss for the lender or creditor.