As a Lexical Definition, the Definition "'Refrigerator' Means a Compartment

question 54

Multiple Choice

As a lexical definition, the definition "'Refrigerator' means a compartment having one or two doors intended for storing food" may be criticized as:

• A) Being figurative.
• B) Failing to convey the essential meaning of the word being defined.
• C) Being vague.
• D) Being ambiguous.
• E) Failing to indicate the context to which the definiens pertains.

---

Definitions:

Managers' Actions

Decisions and activities undertaken by the management of a company to achieve its objectives.

Cash Bidding Price

The price a buyer offers to pay in cash for a specific asset during a competitive bidding process.

Common Stock

A type of equity ownership in a corporation, representing a claim on part of the company's profits and assets.

Market Price

The current price at which an asset or service can be bought or sold in a given market.