Solve the Problem. -In a "Pick-5" Game, a Player Wins a Prize for a Prize

question 43

Multiple Choice

Solve the problem.
-In a "Pick-5" game, a player wins a prize for matching a 5-digit number from 0000 to 99,999 with the number randomly selected during the drawing. How many 5-digit numbers can a player choose?
Assume that a number can start with a zero or zeros such as 00001.

• A) 10,000
• B) 30,240
• C) 252
• D) 100,000

Identify the conditions under which a principal is liable for the actions of their agent.

Describe the different ways an agency relationship can arise.

Recognize the effects of nondisclosure of agency on contractual obligations and liabilities.

Understand how agency relationships affect third-party contracts.

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Definitions:

Labor Force

The total number of people who are currently employed or actively seeking employment within an economy.

Opportunity Cost

Represents the value of the best alternative that is foregone when a decision is made to pursue a certain action.

Household Income

The combined gross income of all members of a household, which can include wages, salaries, pensions, government benefits, and any other income.

United States

A country located primarily in North America, known for its large economy, diverse population, and significant influence in global affairs.