Most Innovations Result from

question 27

Multiple Choice

Most innovations result from

• A)the total genius of inventors.
• B)a conscious and purposeful search for new opportunities.
• C)lucky guesses.
• D)the subconscious adaptation to reality.

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Definitions:

Promissory Note

A monetary tool that includes a formal pledge from one entity to another to pay a certain amount of money, either when asked or on a predetermined date in the future.

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Pledges Receivables

Amounts promised to be paid by donors to a fundraising organization or a charitable cause.

Pledge Fee

A charge assessed for the service of securing a loan or guarantee, commonly associated with loans or financing agreements.