One Advantage of Open-Ended Response Questions Is That the Answers

question 56

True/False

One advantage of open-ended response questions is that the answers are free from interviewer bias.

---

Definitions:

Option Contract

A contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a certain date.

Specific Asset

A distinct item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Specific Price

This term refers to the exact price of a particular item or security at a specified time.