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Why do we terminate the period of deferral one payment interval before the first payment?
Fear
An unpleasant emotional state triggered by the perception of danger, threat, or harm.
Coercion
Coercion is the act of compelling a person to act against their will by using force, threats, or manipulation.
Effective Leader
An individual who can inspire and guide others towards realizing an organization's goals, through vision, motivation, and strategic planning.
Servant Leadership
A leadership philosophy that emphasizes the prioritization of the well-being and growth of followers over the self-interest of leaders.
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