Which Type of Data Are Proprietary and Often Expensive to Gather

question 1

Multiple Choice

Which type of data are proprietary and often expensive to gather?

• A) observation data
• B) primary data
• C) survey data
• D) secondary data

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Definitions:

Commercially Reasonable

Pertaining to actions, methods, or practices that are considered acceptable and appropriate by business standards or industry norms.

Liquidation

The sale of the nonexempt assets of a debtor and the distribution of the funds received to creditors.

Discharged

In a legal context, this refers to the process of releasing someone from their obligations or debts. In an employment context, it means being fired or let go from a job.

Debtor

An individual or entity that owes money to another party, known as the creditor.