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Funds from Short-Term Loans Can Generally Be Obtained Faster Than

question 17

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Funds from short-term loans can generally be obtained faster than from long-term loans for two reasons: (1)when lenders consider long-term loans they must make a more thorough evaluation of the borrower's financial health, and (2)long-term loan agreements are more complex.


Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for response to stress or emergency situations by increasing heart rate, blood flow, and releasing adrenaline.

Physiological Effects

The changes or responses within the body resulting from external or internal stimuli, affecting its normal physical functions.

Emotions

are complex psychological states that involve a subjective experience, a physiological response, and a behavioral or expressive response.

Personal Space

An individual's physical area surrounding them in which encroachment can feel uncomfortable or threatening.

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