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7-96 Which of the following observations is NOT true of a letter of credit?
Intense Emotions
Strong, overpowering feelings that demand attention and can significantly impact an individual's behavior, decision-making, and well-being.
Groupthink
A psychological phenomenon wherein the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.
Risks
The potential for losing something of value or the possibility of an undesirable outcome.
Unintended Consequences
Outcomes that are not the ones foreseen and intended by a purposeful action.
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