An Instrument Does Not Have to Be Payable with Interest,but

question 84

Multiple Choice

An instrument does not have to be payable with interest,but if it is,the amount of interest being charged may be expressed as either a ________ or a(n) ________ rate.

• A) fixed; variable
• B) prime; subprime
• C) legal; equitable
• D) par; non-par
• E) commercial; non-commercial

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Definitions:

Mono-operation Bias

A form of research bias resulting from using only one method or approach to collect data or measure variables, potentially limiting the validity of findings.

Construct Validity

The extent to which a test measures what it claims to be measuring, ensuring the accuracy of the theoretical concept it intends to reflect.

Internal Validity

The extent to which the results of a study are due to the manipulation of the independent variable and not other factors.

Causal Relationship

indicates a situation where one variable directly affects another variable, implying causation rather than just correlation.