In a Bill of Material, a Parent May Have Many

question 47

True/False

In a bill of material, a parent may have many children but a child may have only one parent.

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Definitions:

Legal Title

Refers to the formal right of ownership of property, which may or may not include the benefits of its use and possession.

Trustee

An individual or organization appointed to manage assets on behalf of others, often in contexts like bankruptcy, trust management, or investment funds.

Formal Decree

is an official order issued by a legal authority, often a court, that has a binding legal effect.

Witnesses' Signatures

The act of signing a document by someone who observes the signing process, to confirm its authenticity or the signers' agreement.