C. <span>something of value which the bank will receive if the loan is not repaid
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Assuming Wally has the legal right to keep the dog, a possible private solution to this problem is that
"the current situation is efficient."
Efficiency is the capacity to abstain from squandering materials, vitality, endeavors, cash, and time in accomplishing something or in creating a coveted outcome. In a more broad sense, it is the capacity to do things well, effectively, and without waste. In more numerical or logical terms, it is a measure of the degree to which input is all around utilized for an expected assignment or capacity. It frequently particularly involves the capacity of a particular utilization of push to deliver a particular result with a base sum or amount of waste, cost, or superfluous exertion. Efficiency alludes to altogether different data sources and yields in various fields and businesses.
Answer: Accommodation
Explanation:
Accommodation is a term in psychology which is coined by the psychologists Jean Piaget to describe the fact that when a person acquires new information then he or she has to modify the existing previous knowledge in order to respond to the situation.
The person makes changes in the behavior and actions to show response to the situation.
According to the given situation, Randall was not aware about the fact that how a golf club and golf club is required to be used for playing gold. He tried to use the golf club as a baseball bat, and tennis racquet. But he later realized to modify the use of golf club by swinging it, which is the ideal use of golf club. Thus here Randall is accommodating the knowledge with the situation.