ABC RETAILER Observe the ER Diagram for the ABC Retailer

question 55

Multiple Choice

ABC RETAILER
Observe the ER diagram for the ABC Retailer:

This ER diagram will be used for the following questions citing ABC Retailer ER Diagram.
-Which of the following is true according to the ABC Retailer ER diagram?

• A)We cannot keep track of products that are not associated with multiple promotions
• B)We must keep track of products that are not associated with any promotions
• C)We can keep track of products that are not associated with any promotions
• D)We cannot keep track of products that are not associated with any promotions

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Definitions:

Partnership Interest

An ownership share in a partnership, representing a partner's stake in the business's assets and earnings.

Limited Partnership

A form of partnership comprising at least one general partner, who manages the business and is personally liable for partnership debts, and one or more limited partners, who contribute capital and share in profits but are not involved in management and are only liable to the extent of their investment.

Limited Personal Liability

Limited personal liability means that an individual's financial responsibility for business debts or legal claims is restricted, often to the amount they have invested in a company.

Partners

Individuals who share ownership in a business, contributing resources or expertise and sharing profits and losses.