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Determine whether {v1, v2, v3} is a basis for R3
-Given the set of vectors , decide which of the following statements is true:
A: Set is linearly independent and spans . Set is a basis for .
B: Set is linearly independent but does not span . Set is not a basis for .
C: Set spans but is not linearly independent. Set is not a basis for .
D: Set is not linearly independent and does not span . Set is not a basis for .
Limited Liability
Limited liability is a form of legal protection for shareholders and owners that limits their loss to the amount invested in the company.
Transferability
Transferability is the ability of an asset to be transferred or moved from one party to another with ease.
Pre-tax Profit
Earnings of a business before any tax is applied; also known as gross profit or operating profit.
C Corporation
A legal structure for a corporation in which the owners are taxed separately from the entity, subject to corporate income tax.
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