The Practice of Understanding Another Culture on Its Own Terms

question 24

Multiple Choice

The practice of understanding another culture on its own terms and using its own standards is called

• A)ethnocentrism.
• B)cultural relativism.
• C)cultural diffusion.
• D)cultural integration.

---

Definitions:

Covenants Restricting

Clauses in loan agreements that impose limits on the actions of the borrower to protect the interests of the lender.

Dividend Payments

Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Principal and Interest

The two components of a loan payment; principal is the original amount borrowed, and interest is the charge for borrowing the principal.

Renegotiate Covenants

The act of revising the terms of a loan or bond agreement, often to relax or tighten restrictions on the borrower.