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For Restrictive Covenants to Help Reduce the Moral Hazard Problem,they

question 54

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For restrictive covenants to help reduce the moral hazard problem,they must be ________ by the lender.


Definitions:

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (beliefs, attitudes, or values).

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censorship as a way to uncover unconscious thoughts or feelings.

Meditation

A practice where an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.

Chronic Pain

A persistent pain that lasts weeks to years, often in spite of treatment or therapy.

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