____________________ Loans Are Given on the Basis of the Firm's

question 58

Short Answer

____________________ loans are given on the basis of the firm's credit and the lender's previous experience with the firm.

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Definitions:

Loneliness Effect

The negative physical and psychological outcomes that can result from feelings of loneliness or social isolation.

Proximity Effect

A phenomenon in which individuals are more likely to feel attracted to or form social bonds with those who are physically closer to them.

Internet Technology

Refers to the hardware and software that enable computers and other devices to connect to the internet, supporting communications and information exchange globally.

Proximity

The physical or psychological closeness between people or objects, often affecting their interaction and relationships.