Which of the Statements About Demography Is Most Accurate? Demographic

question 301

Multiple Choice

Which of the statements about demography is most accurate? Demographic studies:

• A) focus on factors that have great political relevance, but little relevance to business firms.
• B) suggest that the number of single-parent families will decline in the future.
• C) provide businesses and individuals with insights into business and career opportunities for the future.
• D) are an important source of information about changes in health patterns.

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Definitions:

Severally Liable

When individuals or entities are individually responsible for their own proportion of liability in a debt or claim, instead of being collectively responsible.

Principal Relationship

A legal relationship between two parties in which one, the agent, is authorized to act on behalf of the other, the principal, in business transactions.

Unsecured Credit

A form of credit that is not backed by collateral, making it riskier for lenders since repayment relies solely on the borrower's creditworthiness and promise to pay.

Secondarily Liable

Refers to the condition where an individual or entity is not the primary debtor but still holds responsibility to fulfill an obligation if the primary party fails to do so.