If the First Two Statements Are True, Is the Third

question 185

Multiple Choice

If the first two statements are true, is the third statement true?
Kevin shook hands with Margaret.
Margaret shook hands with Steven.
Kevin shook hands with Steven.

• A)yes
• B)uncertain
• C)no

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Definitions:

Common Stock

Stock whose owners have voting rights in the corporation, yet do not receive preferential treatment regarding dividends.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, inventories, and meeting other short-term liabilities.