Which of the Following Is True of Inductive Arguments

question 21

Multiple Choice

Which of the following is true of inductive arguments?

• A) An inductive argument guarantees the truth of its conclusion.
• B) An inductive argument attempts to provide support for the truth of its conclusion.
• C) The conclusion of an inductive argument must be true if all of the argument's premises are true.
• D) An inductive argument attempts to provide a necessary proof of its conclusion.

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Definitions:

Non-controlling Interest

A stake in a company that is less than 50%, implying that the holder does not have control over the company's operations.

Equity

The value of an ownership interest in a company, calculated as company assets minus its liabilities and representing the net assets owned by shareholders.

Acquisition Date

The exact date on which control of a business is obtained by the acquirer, upon which the acquirer applies acquisition accounting.

Non-controlling Interest

The portion of equity interest in a subsidiary not attributable to the parent company.