If $P ( A \cup B ) = 1$ And $P ( A \cap B ) = 0$

question 201

Multiple Choice

If $P ( A \cup B ) = 1$ and $P ( A \cap B ) = 0$ , then which statement is true?

• A) \(A\) and \(B\) are reciprocal events.
• B) \(A\) and \(B\) are complementary events.
• C) \(A\) and \(B\) are both empty events.
• D) \(A\) and \(B\) are supplementary events.

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Definitions:

Subsequent Transferees

Individuals or entities that receive property rights or interests from previous holders through a legal process of transfer.

Authentic

Genuine, original, and not a copy or imitation; true and accurate.

Consideration

Something of value that is exchanged between parties in a contract, making the agreement legally binding.

Personal Defense

A defense that can be used to avoid payment to an ordinary holder of a negotiable instrument but not a holder in due course (HDC) or a holder with the rights of an HDC. Personal defenses are also called limited defenses.