Most Door and Window Contacts Are Wired as _________

question 27

Multiple Choice

Most door and window contacts are wired as _________.

• A) Normally open
• B) Normally closed
• C) Always open
• D) Always closed

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Definitions:

Market Value

The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller.

Par Value

The face value of a bond or stock as stated on the certificate or charter, often used for legal capital or accounting purposes.

Cash

A form of currency that includes coins and paper notes, which is used as a medium of exchange for goods and services.

Shares

Units of ownership interest in a corporation or financial asset, which provide for an equal distribution in any profits, if any are declared, in the form of dividends.