________ Products Give Both High Immediate Satisfaction and High Long-Run

question 78

Multiple Choice

________ products give both high immediate satisfaction and high long-run benefits.

• A) Deficient
• B) Pleasing
• C) Desirable
• D) Salutary
• E) Threatening

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Definitions:

Forger

An individual who commits fraud by creating or altering a document with the intent to deceive.

Negotiable Instrument

A signed document containing an unconditional promise or order to pay a specified sum of money to a designated person or to the bearer of the document.

Maker

In terms of financial instruments like checks or promissory notes, the maker is the party that promises to pay a certain amount of money.

Bearer

A person who is in possession of a negotiable instrument that is payable to the “bearer” or “cash” or that has been indorsed in blank.