In a (An)_________________,the Debtor Makes a Minimum Monthly Payment and More

question 98

Multiple Choice

In a (an) _________________,the debtor makes a minimum monthly payment and more debt can be added to the account over time.

• A)collections account
• B)installment account
• C)revolving account
• D)open account
• E)security account

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Definitions:

Primary Drives

Basic, innate motivations that are necessary for survival, such as hunger, thirst, and avoidance of pain.

Homeostasis

The process by which living organisms regulate their internal environment to maintain a stable, constant condition in response to external changes.

Internal Environment

refers to the conditions, processes, and elements within an organization that influence its activities and choices.

Hierarchy of Motives

A structure that ranks human needs and motivations in order of importance, from basic physiological needs to self-actualization.