Constructs Are Often Difficult to Change Because

question 13

Multiple Choice

Constructs are often difficult to change because

• A) individuals experience the ideas as truth.
• B) people generally don't want to change.
• C) there are no right or wrong constructs.
• D) they are hard to identify.

---

Definitions:

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money, either on demand or at a specified future date.

Maturity Date

The specified date on which the principal amount of a financial instrument, such as a bond, loan or fixed deposit, is due to be repaid.

Negotiability

The quality of being transferable by endorsement or delivery so as to enable the holder to pass title to a third party.

Cashier's Check

A bank-issued check that is drawn from the bank's own funds and signed by a cashier, commonly used for significant transactions requiring guaranteed funds.