Complete

question 17

Short Answer

Complete:
$\begin{array}{|l|l|l|l|l|l|l|} \hline& & \text { Chain } & \begin{array}{l}\text { Net Price } \\\text { Equivalent }\end{array} & \begin{array}{l}\text { Single } \\\text { Equivalent }\end{array} & \text { Amount of Trade } & \\\text { Item } & \text { List Price } & \text { Discount } & \text { Rate } & \text { Discount Rate } & \text { Discount } & \text { Net Price } \\\hline \text { Rug } & \$ 1,400 & 18 / 12 & \text { (A) } & \text { (B) } & \text { (C) } & \text { (D) }\\\hline\end{array}$

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Definitions:

Irrelevant Results

Outcomes or information that do not relate to or have an impact on the current topic or matter at hand.

Federal Law

Federal law consists of laws passed by the national government of a country, as opposed to laws passed by state or local governments.

Local Law

Regulations and legal ordinances that are established and enforced by a municipal or regional authority.

State Law

Laws and regulations that are created and enforced by a state's legislative and judicial branches, distinct from federal or local laws.