If P ( a and B ) = 0, Then

question 85

Multiple Choice

If p ( A and B ) = 0, then A and B must be _________.

• A) independent
• B) mutually exclusive
• C) exhaustive
• D) unbiased

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Definitions:

Exclusive Agency Contract

A binding agreement between a principal and an agent granting the agent the sole rights to act on the principal's behalf within a certain market area or for specified activities.

Principal

The initial amount of money invested or lent, excluding any interest or profit.

Agent

An individual authorized to act on behalf of another, known as the principal, in legal or business matters.

Specific Power of Attorney

A legal document that grants an agent the authority to act on behalf of the principal in specific matters or transactions.