Paul baltes would say that tom is seeking his grandfather's <u>"wisdom".</u>
Wisdom is one of those characteristics hard to characterize—in light of the fact that it incorporates so much—however which individuals by and large perceive when they experience it. Furthermore, it is experienced most clearly in the domain of basic leadership. Psychologists have a tendency to concur that astuteness includes a joining of information, experience, and profound understanding that fuses resilience for the vulnerabilities of life and in addition its good and bad times. There's a consciousness of how things play out after some time, and it gives a feeling of adjust.
Answer: Marketable securities
Explanation: Marketable securities are shares and bonds that can be easily sold on the market due to the demand for them by investors. When in need of cash, they can be converted to monetary value without any considerable loss.
In contrast, inventories are not as liquid as they require time to convert to money. Accounts payable and Accounts receivable are the same and may even never be converted to cash in which case they will be written off as bad debts.
The primary term that determines how much economic value something had is scarcity
