Which of the Following Is True About Intuition

question 104

Multiple Choice

Which of the following is true about intuition?

• A) it's the same as guessing
• B) it's the opposite of rationality
• C) it evolves over time
• D) all of these

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Definitions:

Maker

Typically refers to the individual or entity that creates or executes a financial instrument, like a check or promissory note, thereby committing to the terms outlined therein.

Overdue

When an instrument is not paid when due or at maturity.

Reasonable Period

An amount of time regarded as fairly appropriate under the circumstances, considering what a rational person would deem sufficient.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to the order of a specific person or to the bearer.