A Financial Institution

question 55

Multiple Choice

A financial institution:

• A)Is a kind of financial intermediary.
• B)Simply pools and invests savings.
• C)raises financing by selling shares or policies.
• D)Invests primarily in securities.

Understand the impact of social influences on behavior and attitudes.

Identify mechanisms of attitude change and persuasion techniques.

Recognize the concept of cognitive dissonance and how it can be resolved.

Understand the reasons behind social loafing and the bystander effect.

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Definitions:

Enacted

Refers to the action of making a bill or proposal into law following its approval by legislative authorities.

Eliminated

Removed or gotten rid of completely.

Group Boycotts

A collective refusal by a group of businesses or individuals to deal with a particular company or person in order to pressure them or to punish them.

Per Se Violations

Actions or behaviors that are automatically deemed illegal or against regulations without the need for further demonstration of harm or intent.