An Arm's-Length Transaction Is One in Which

question 49

Multiple Choice

An arm's-length transaction is one in which:

• A) the parties owe each other a special duty of confidentiality.
• B) the buyer does not know the identity of the seller.
• C) the parties are acting in their own self-interest.
• D) the parties do not meet in person to conduct the transaction.

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Definitions:

Referential Integrity

A principle in database design that ensures relationships between tables remain consistent, meaning a foreign key in one table must match a primary key in another table.

Referential Integrity

A database concept ensuring that relationships between tables remain consistent, and that no orphaned data exists.

Print A Copy

An instruction or option to produce a physical copy of a document, image, or file through a printer.

Relationship

A connection or association between people, objects, concepts, or entities, defined by interactions or commonalities.