Considering the Value of a Financial Instrument, the Sooner the Promised

question 38

Multiple Choice

Considering the value of a financial instrument, the sooner the promised payment is made:

• A) the less valuable is the promise to make it since time is valuable.
• B) the greater the risk, therefore the promise has greater value.
• C) the more valuable is the promise to make it.
• D) the less relevant is the likelihood that the payment will be made.

---

Definitions:

Species

A category of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Biologists

Scientists who study living organisms and their relationship to the environment, encompassing various specialties within biological sciences.

Insects

A class of arthropods with a chitinous exoskeleton, a three-part body, three pairs of jointed legs, compound eyes, and two antennae.

Adaptable

The ability of an organism, individual, or system to adjust or change in response to new conditions or environments.