Thinking in Which a General Rule or Principle Is Gathered

question 273

Multiple Choice

Thinking in which a general rule or principle is gathered from a series of specific examples, for example, inferring the laws of gravity by observing many falling objects, is referred to as __________ thought.

• A)deductive
• B)inductive
• C)intuitive
• D)creative

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Definitions:

Unsecured Bond

A bond not backed by collateral, relying on the issuer's creditworthiness.

Indenture

A formal legal agreement, contract, or document between two parties, especially one detailing the terms and conditions of a bond or debenture.

Debenture

A type of debt instrument that is not secured by physical assets or collateral but is backed only by the general creditworthiness and reputation of the issuer.

Mortgage Bond

A bond secured by real estate.