Which of the Following Statements Is True of Knowledge

question 114

Multiple Choice

Which of the following statements is true of knowledge?

• A) It issimilar todata and information.
• B) It consists solely of facts and figures.
• C) It is the understanding that one gains from information.
• D) It is easier to acquire than data and information.

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Definitions:

Assignee

A person, company, or entity who is transferred the rights or interests of another's contract or property.

Privity of Contract

A legal principle that asserts a contract cannot bestow rights or impose obligations on any person who is not a party to the contract.

Intended Beneficiary

A third party to a contract whom the contracting parties intended to benefit directly from their contact.

Condominium Association Agreement

A legal document outlining the rules, regulations, and responsibilities of owning and managing condominium units within a shared property.