Which of the Following Is an Example of a Transaction

question 42

Multiple Choice

Which of the following is an example of a transaction that is made even though complete information is not possible?

• A) Joe buys a puppy in hopes that the puppy will be his hiking companion for the next 20 years.
• B) Alex buys house insurance and has never filed a claim.
• C) Mike saves his money by putting it in a mutual fund.
• D) All of these are examples of transactions that must be made with incomplete information.

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Definitions:

Expression

An arrangement of symbols representing a value or denoting a mathematical operation, without an equality sign.

Exponents

Numbers that indicate how many times a base is to be multiplied by itself.

Rational Exponents

Exponents that are fractions, where the numerator represents a power and the denominator represents a root of the base number.

Rewrite

To express something in a different way or form, often aimed at achieving greater clarity.