Which Choice Describes Basic Research

question 49

Multiple Choice

Which choice describes basic research?

• A) A tentative explanation for a relatively small set of observations.
• B) A generally accepted principle based on a large set of confirmed observations.
• C) The process by which science operates, involving the development of explanations for observations of the universe.
• D) Fundamental research that increases our understanding of the world.
• E) Gathering knowledge with the goal of creating new products or improving existing ones.

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Definitions:

TSX

The Toronto Stock Exchange, a major stock exchange located in Toronto, Canada.

Venture Exchange

A marketplace meant for trading the stocks and securities of smaller or emerging companies.

Agency Problem

A conflict of interest inherent in any relationship where one party is expected to act in another's best interests, such as between shareholders (principals) and company executives (agents).

Stockholders

Individuals or entities that own shares in a corporation, giving them an ownership stake.