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Janis Defines _______________ as the "Deterioration of Mental Efficiency, Reality

question 39

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Janis defines _______________ as the "deterioration of mental efficiency, reality testing, and moral judgment in the interest of group solidarity."


Definitions:

Payee

The party in a financial transaction who receives the payment.

Note Receivable

A written promise that a specified amount of money, plus potentially interest, will be paid by one party to another by a specific date.

Maker

In finance, the party that creates or issues a financial instrument, such as a check.

Principal

The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.

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