A Table Is in Third Normal Form If It Is

question 34

True/False

A table is in third normal form if it is in second normal form and no nonkey column is dependent on only a portion of the primary key.

---

Definitions:

April Futures Price

The agreed-upon price for a futures contract that is set to settle in April, representing the price of an asset at that future date.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Silver Future

A contract to buy or sell a specific amount of silver at a predetermined price at a specified time in the future, used as a financial instrument for speculation or hedging.

Spot Price

The current market price at which a particular asset, such as a commodity or currency, can be bought or sold for immediate delivery.