If you know how to wrap a present, you can probably describe the process to someone else. but if you know how to skip rope, you may have difficulty explaining what you do to someone else. the difference between these two kinds of knowledge can best be characterized as a difference between

Which of the following correctly describes a repurchase agreement? the sale of a security with a commitment to repurchase the same security at a specified future date and a designated price. the sale of a security with a commitment to repurchase the same security at a future date left unspecified, at a designated price. the purchase of a security with a commitment to purchase more of the same security at a specified future date.