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A Factory Makes Automobile Parts

question 77

Essay

A factory makes automobile parts. Each part has a code consisting of a letter and three digits, such as C117, O076, or Z920. Last week the factory made 60,000 parts. Prove that there are at least three parts that have the same serial number.


Definitions:

Fraud

An intentional deception that causes harm to another.

Material Omission

The failure to disclose important information intentionally or unintentionally, which if known, could influence the decision-making of a party relying on the information.

Securities Transaction

The process of buying, selling, or trading securities, such as stocks or bonds, in financial markets.

Registration Statement

A set of documents, including a prospectus, filed with the Securities and Exchange Commission for a company intending to issue new securities to the public.

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