If Your Phone Number Was Used in a Clothing Store

question 65

Multiple Choice

If your phone number was used in a clothing store to uniquely identify you as a customer, the phone number would be considered a(n) _____.

• A) Identifying field
• B) Relational field
• C) Primary key
• D) Principle key

Grasp the concept of consumer sovereignty and its implications for product success in the market.

Understand the roles of households and businesses in the market system.

Comprehend how a market system manages business risks.

Grasp the concepts of risk management, including the purpose of insurance.

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Definitions:

Noncash Assets

Assets owned by a firm that are not in the form of cash or cash equivalents, such as buildings, equipment, and patents.

Forthcoming Contribution

Anticipated contributions or investments expected to be received or made in the near future.

Capital Account Balances

The record of the financial transactions regarding national assets and liabilities over a period, or the equity and loan accounts of a business.

Cash Account

An account that tracks the amount of cash on hand, which includes currency, checks, and balances in bank accounts.