A Contract with a Residual Interest in the Assets of an Entity

question 30

Multiple Choice

A contract with a residual interest in the assets of an entity after deducting all of its liabilities is referred to as a (an) :

• A) equity instrument.
• B) derivative instrument.
• C) primary instrument.
• D) secondary instrument.

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Definitions:

Behaviorist

A behaviorist is a psychologist who focuses on observable behaviors and the ways in which learning and environment influence behavior, often excluding internal processes like thoughts and emotions.

Learning Perspective

A psychological approach that emphasizes the effects of experience on behavior, suggesting that learning is the key to understanding how people think, feel, and behave.

Biological Perspective

An approach in psychology that examines psychological phenomena in terms of their biological underpinnings and processes.

Cognitive Perspective

A psychological approach that focuses on how people perceive, think about, and understand the world around them.