Define Unary,binary,and Ternary Relationships.Provide an Example of Each Relationship

question 8

Essay

Define unary,binary,and ternary relationships.Provide an example of each relationship.

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Definitions:

Discount

A reduction in the price of goods or services, typically offered to prompt sales or recognized in the context of financial instruments.

Credit Analysis

The process by which a lender evaluates the creditworthiness of a potential borrower, assessing the ability to repay a loan.

Likelihood

The probability or chance of an event occurring or a hypothesis being correct.

Pay

Remuneration given by an employer to an employee for their labor or services.