When James Oglethorpe allegedly said he wanted to establish a British colony for the "worthy poor," he was most likely referring to people in debt.
<em>practical wisdom
</em>
Phronesis refers to intelligence, prudence, practical action and good judgement. It is just not wisdom by itself, but coupled with practical virtue, thus the term “practical wisdom”.
Aristotle explains that ethics has a purpose, and that is to become good. He further discusses virtue as practical, emphasizing that merely knowing is not enough. The understanding of ethics should be demonstrated.
Answer:
C is the right option
Explanation:
From all the options, only the American-Style option is exercise before expiry. All other options can only be exercised at expiration. Sellers in the straddle options allows the option to expire to gain maximum profit. The Black-Scholes method typically adopts the European-Style strategy, which is also exercised at expiration.
