Seventy-Year-Old Ace Decides That He Cannot Remain Effective at All

question 163

Multiple Choice

Seventy-year-old Ace decides that he cannot remain effective at all types of gambling so he decides to focus only on blackjack, with the hopes that this narrow focus will allow him to perform better in this one area. According to the SOC approach, the decision to abandon other forms of gambling represents

• A) selection.
• B) optimization.
• C) compensation.
• D) plasticity.

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Definitions:

Reversionary Interest

A future interest in property that returns to the original owner or the owner's heirs after the expiration of a temporary estate.

Contingent Remainder

A future interest in real property that depends on the occurrence of an uncertain event before it becomes possessory.

Property Interest

A legal right or claim to resources or possessions, such as real estate or intellectual property.

Graze

The act of eating small quantities of food periodically or animals feeding on grass in a pasture.