Liam Often Seeks Out Challenging Situations and Is Confident That

question 244

Multiple Choice

Liam often seeks out challenging situations and is confident that he will be successful. How would Albert Bandura have described Liam's personality?

• A) Liam has an external locus of control.
• B) Liam is low in self-efficacy.
• C) Liam is high in self-efficacy.
• D) Liam is low in reciprocal determinism.

---

Definitions:

Spot Market

An open financial market where commodities or financial instruments are exchanged and delivered right away.

Discount

To calculate the present value of some future amount.

Future

A standardized legal contract to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Forward Market

A marketplace for financial contracts that are agreed upon now but settled at a future date.