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What evidence did Oskar Pfungst present to indicate that Clever Hans was not doing mathematical calculations?
Noncash Asset
An asset that is not in the form of cash and can include things like real estate, vehicles, equipment, and intellectual property.
Fair Value
An appraisal of the market value of an asset or liability, reflecting the price it could be sold for or the payment required to assume the liability, within a structured exchange involving market actors.
Nominal Amount
The face value of a bond or other financial instrument, as distinct from its market value or purchase price.
Underwrites
The process of assessing and assuming the risk of another party, often used in the context of insurance policies or issuing of securities.
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