According to Covington and Others,which One of the Following Would

question 19

Multiple Choice

According to Covington and others,which one of the following would be the strongest indicator of whether an individual will be motivated to accept new challenges and risks?

• A)Desire to avoid failure and seek social acceptance
• B)Drive for achievement and an incremental view of ability
• C)Need for achievement and an entity view of ability
• D)Performance goals that are attainable

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Definitions:

Ordinary Holder

A typical investor or shareholder who possesses a security or financial instrument without any special rights or privileges.

Transferor

An entity or person who transfers or conveys rights, property, or other assets to another party, the transferee.

Rights

Entitlements or freedoms granted by legal, social, or moral principles that are inherent to all human beings.

HDC (Holder in Due Course)

A holder in due course is a party who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original issuer or transferee.