In Its Most Basic Form,a ____ Is Defined as a Promise

question 53

Multiple Choice

In its most basic form,a ____ is defined as a promise of representation made by the seller,which,if necessary,can be legally enforced.

• A) statement of fact
• B) verbal agreement
• C) seller's right
• D) warranty
• E) buyer's right

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Definitions:

Distribution

Distribution in statistics refers to the way in which values of a variable or observations are spread out or scattered across a range, showing the frequency of each value.

Sum

The result of adding two or more numbers or quantities together to get a total.

Relative Frequency Distribution

A statistical measure that shows the frequency of different outcomes in a dataset relative to the total number of outcomes.

Proportion

The fraction of a whole that represents a part of the total population or quantity.