A Gini Coefficient of 1 Means There Is

question 94

Multiple Choice

A Gini coefficient of 1 means there is

• A)perfect income equality.
• B)perfect income inequality.
• C)a more equal distribution of income than before.
• D)a less equal distribution of income than before.
• E)the same distribution of income as before.

---

Definitions:

Commercially Unreasonable

Actions or decisions in business that are not justifiable from a commercial standpoint, often leading to disputes.

Bona Fide Purchaser

An individual who purchases an item in good faith, without knowledge of any existing claims or defects on the property.

Security Interest

A legal claim or lien on collateral that secures the fulfillment of an obligation, often used in lending to ensure repayment.

Manufacturer

A company or individual that produces finished goods from raw materials in large quantities using tools, machinery, and labor.