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____________________________ Are Certain Actions That a Borrower Must Take During

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____________________________ are certain actions that a borrower must take during a loan period.Examples include filing periodic financial statements with the bank and purchasing insurance on any collateral pledged.

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Definitions:

Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, self-efficacy, and reciprocal determinism in behavior.

Behavioral Assessment

A method used in psychology to observe, describe, explain, and predict behavior through a variety of techniques, including interviews and direct observation.

Time-Consuming

Describes activities or tasks that require a considerable amount of time to complete, often implying a trade-off with efficiency or productivity.

Observer Influence

The effect that the presence or actions of an observer can have on the behavior of the subject being studied.

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