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Which of the Following Terms Refers to the Smallest Element

question 21

Multiple Choice

Which of the following terms refers to the smallest element of data and has a value of either 0 or 1?


Definitions:

Voluntarily Transfers

The act of willingly transferring ownership or rights of an asset or property from one party to another without coercion.

Gift

A voluntary transfer of property or funds from one person to another without the expectation of receiving something in return.

Stock in Corporation

Shares representing ownership in a corporation, entitling the holder to dividends and certain rights under the corporation's governance.

Bailment

A legal relationship where one party temporarily transfers possession of property to another, under the agreement that the property will be returned.

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