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What Separates the Art Object from the Craft Object

question 7

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What separates the art object from the craft object?


Definitions:

Contractors

Individuals or organizations contracted to perform specific tasks or services for a defined period under agreed terms.

Amortized Loan

A loan with scheduled periodic payments that consist of both principal and interest.

Pure Discount

A financial instrument, such as a zero-coupon bond, that is sold at a discount and pays no interest, only returning the face value at maturity.

Interest-Only

A debt repayment strategy where the borrower pays only the interest on the principal balance, with the principal balance unchanged.

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