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Fact Pattern 33-2Mary's home is in a state that has a $30,000 homestead exemption. Mary defaults on a $60,000 debt that she owes to Nina. Mary's home is sold at auction for $80,000.
-Refer to Fact Pattern 33-2.If Nina recovers less than she is owed,she can realize the difference from
Psychological Influences
Psychological influences are factors related to individual mental processes and characteristics that affect their purchasing behavior and decision-making.
Situational Influences
External factors that affect consumer behavior at the time of purchase, such as physical environment, social surroundings, and time.
Selective Retention
The process by which individuals remember only information that reinforces their personal beliefs and attitudes, ignoring contradictory evidence.
Postpurchase Stage
The phase after purchasing a product or service where consumers may evaluate their decision, experience satisfaction or dissatisfaction, and engage in behavior such as feedback or repurchase.
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