Give the Logical Function for the Following: If Cell B7

question 2

Multiple Choice

Give the logical function for the following: If cell B7 equals 12, check contents of cell B10. If cell B10 is 10, then the value of the function in the string is YES; if not, it is a blank space. If cell B7 does not equal 12, then the value of the function is 7.

• A) =IFB7=12,ANDB10=10, "")YES)),7)
• B) =IFB10=10,ORB7=12,"")"YES")7)
• C) =IFB7=12,IFB10=10,"YES", "")),7)
• D) =IFB7=12,ANDB10=10,"YES","")B10="NO"),7)

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Definitions:

Promissory Notes

Written, legally binding agreements in which one party promises to pay another a specified sum of money at a future date or on demand.

Debentures

A type of long-term debt instrument used by companies and governments to borrow money, not secured by physical assets.

Warrants

Legal documents that grant the holder the right to buy or sell a particular asset at a specific price before a certain date.

Corporation by Estoppel

A principle where a company is treated as if it were legally incorporated, due to its conduct, even if it failed to complete the formal incorporation process.