A Contingent Claim Is Best Described As

question 55

Multiple Choice

A contingent claim is best described as:

• A)a contract readily traded on an exchange.
• B)an asset whose value depends on the value of some other asset.
• C)an asset readily traded on an exchange.
• D)a liability.

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Definitions:

Environmental Justice

The movement aimed at ensuring that no community suffers from disproportionate exposure to pollution, environmental hazards, and lack of access to natural resources, emphasizing fairness and equity.

Anthropocentric

Viewing and interpreting everything in terms of human values and experiences.

Land Ethic

A philosophical approach advocating for a respectful and ethical relationship between humans and the natural environment, emphasizing stewardship and sustainability.

New Ecological Paradigm

A belief system that recognizes humans as an integral part of the ecosystem and emphasizes sustainable environmental practices.