What Would Be the Value of DiscountRate After the Following

question 10

Multiple Choice

What would be the value of discountRate after the following statements are executed?
Double discountRate;
Char custType = 'B';
Switch (custType)
{
Case 'A':
DiscountRate = 0.08;
Break;
Case 'B':
DiscountRate = 0.06;
Case 'C':
DiscountRate = 0.04;
Default:
DiscountRate = 0.0;
}

• A) 0.08
• B) 0.06
• C) 0.04
• D) 0.0

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Definitions:

Domestic Agreements

Legal contracts between individuals in a personal relationship, outlining the terms of matters such as property division or spousal support.

Guarantee

A legal commitment to assume responsibility for another's fulfillment of an obligation if that party fails to do so themselves.

Indemnity

A contractual obligation of one party to compensate the loss incurred by the other party due to the acts of the indemnifier or other specified events.

Requirement of Writing

The requirement of writing specifies that certain agreements or contracts must be in written form to be legally binding and enforceable.