Customers of Hanson Company, a Home Furnishings Wholesaler, Place Orders

question 41

Multiple Choice

Customers of Hanson Company, a home furnishings wholesaler, place orders by contacting a sales representative via a toll-free number. Which is the appropriate relationship type for this relationship?

• A) 1:1
• B) 1:N
• C) N:M
• D) N:1

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Definitions:

License Fee

A payment made for the right to use intellectual property, software, or other legally protected entities.

Regulatory

Pertaining to rules or directives made and maintained by an authority to regulate activities within specific fields.

Revenue Raising

Revenue raising refers to the process or strategies employed by governments or organizations to generate financial income, often through taxes, fees, or sales.

Public Policy

Principles and standards considered by government to benefit the community and used to guide legislative and administrative actions.