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If a Pair-Wise Majority Vote Was Held and the Voters

question 102

Multiple Choice

  If a pair-wise majority vote was held and the voters' preferences are shown in the table,which of the following is true? A)  The preferences of each member is transitive. B)  The collective preferences of the group are not transitive. C)  The outcome of the vote will change, depending on the order of the vote. D)  All of these are true. If a pair-wise majority vote was held and the voters' preferences are shown in the table,which of the following is true?

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Definitions:

Cash Balance

is the amount of liquid funds that a company or individual possesses at any given time, available for immediate use.

Receivables

Financial obligations of customers to a company for merchandise or services already supplied or consumed, but for which payment is still outstanding.

Taxes

Mandatory financial charges or levies imposed by a government on individuals, corporations, and other entities to fund government spending and various public expenditures.

Minimum Cash Balance

The least amount of cash a company maintains on hand to meet immediate operational expenses.

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