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Define object permanence and tell when it begins. Describe how it is measured in laboratory settings and how it can be revealed in informal settings. Why is this concept considered a major milestone in cognitive development?
Surplus
The amount by which revenue exceeds expenses in a given period, indicating a positive financial state.
Share Option
A right granted by a company to its employees or executives to purchase shares in the company at a preset price, often used as part of compensation packages.
Exercise Price
The specified price at which an option holder can buy (call) or sell (put) the underlying security or commodity.
Obligation
A duty or responsibility to act or perform in a certain way, often legally binding, resulting from a contract, law, or moral responsibility.
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