Many Financial Instruments Are Standardized Because

question 21

Multiple Choice

Many financial instruments are standardized because:

• A)It is believed that most parties to a contract do not read them anyway
• B)Complexity is costly, the more complex a contract, the more it costs to create
• C)The standardization of contracts makes them harder to understand
• D)It is required by the government

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Definitions:

Loud Music

Sound that has a high volume level, often to the point where it can cause temporary or permanent hearing damage.

Discrimination

Discriminatory behavior or action against various groups of individuals, particularly based on racial, age, or gender differences.

Operant Conditioning

A learning technique that uses incentives and penalties to shape behavior.

Stimuli

Refers to physical or environmental factors that can provoke a response or reaction in a living organism.