Which One of the Following Statements Is True About Group

question 51

Multiple Choice

Which one of the following statements is true about group decision making?

• A) It generates more complete information and knowledge.
• B) It takes less time to reach a solution than it would an individual.
• C) It prevents any one minority from dominating or influencing the final decision.
• D) It is most suitable for matters that need to be critically evaluated.

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Definitions:

Mortgage Bond

A type of bond secured by a mortgage or pool of mortgages, providing specific property as collateral for the bond's obligations.

Goods

Tangible personal property that is either currently existing or identified and existing in the future.

Personal Property Securities Act

Legislation governing the registration and enforcement of security interests in personal property other than real estate.

Chattel Mortgage

A form of secured loan where personal movable property is used as collateral for the loan, without surrendering possession of the property.