The Ability to Realize That an Item Continues to Exist

question 99

Multiple Choice

The ability to realize that an item continues to exist, even when you can no longer see it, is called:

• A) conservation.
• B) object permanence.
• C) reversibility.
• D) egocentrism.

---

Definitions:

Insider Trading

The illegal buying or selling of a corporation’s stock or other securities by corporate insiders, such as officers and directors, in breach of a fiduciary duty or some other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

Material Inside Information

Refers to non-public, important information about a company that could influence an investor's decision to buy or sell the company's securities.

Corporate Disclosure Requirements

Regulations mandating that corporations publicly disclose certain financial and business information to maintain transparency with shareholders and the public.

Sarbanes-Oxley Act

A law enacted in response to a number of major corporate and accounting scandals to protect shareholders and the general public from accounting errors and fraudulent practices in enterprises.