While Camping, Alicia and Seth Saw a Bright Light in the Distance

question 104

Multiple Choice

While camping, Alicia and Seth saw a bright light in the distance on a very dark night. After watching it for a few moments, it suddenly began to move. If they looked away and then looked back, it appeared to hover in one spot, then start moving again. They told their friends they had seen a UFO. Really, they had been fooled by _____

• A)stroboscopic motion.
• B)the motion parallax.
• C)the autokinetic illusion.
• D)the principle of continuity.

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Definitions:

Stock Options

Contracts that give the holder the right, but not the obligation, to buy or sell a stock at a set price within a specified period.

GAAP

Generally Accepted Accounting Principles; a collection of commonly-followed accounting rules and standards for financial reporting.

Grant Date

In the context of stock options, the grant date is the date on which an employee is given the right to exercise their options at a set price.

Common Stock

represents units of ownership in a corporation, giving shareholders voting rights and a share in the company’s profits through dividends.