An Industrial Firm

question 194

Multiple Choice

An industrial firm

• A) is one that is independently owned and takes title to the merchandise it sells.
• B) buys physical goods and resells them again without any reprocessing.
• C) deals exclusively with federal, state, and local governments.
• D) in some way reprocesses a product or service it buys before selling it again to the next buyer.
• E) only produces a product, not a service.

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Definitions:

Existential Import

The aspect of a statement that asserts the existence of something.

Modern Rules

Contemporary guidelines or principles that govern behavior or procedures in a specific area or activity.

Enthymeme

An argument in which one of the premises is not explicitly stated, but is assumed or implied.

Unstated Premise

An implicit assumption in an argument that is not directly expressed but is necessary for the argument's conclusion.