The Three Ways Information Adds Value, Ranked in Order from Lowest

question 60

Multiple Choice

The three ways information adds value, ranked in order from lowest to highest value are:

• A)visibility, mirroring, creation of new customer relationships.
• B)mirroring, creation of new customer relationships, visibility.
• C)visibility, creation of new customer relationships, mirroring.
• D)creation of new customer relationships, mirroring, visibility.

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Definitions:

Void

Refers to something that is legally declared to be invalid or null.

Condition Subsequent

A condition that alters the rights or duties of the parties to a contract, or that may have the effect of terminating the contract if it should occur.

Condition Precedent

A legal term for a condition or event that must occur before a contract becomes effective or before an obligation must be performed.

Power of Attorney

A formal document that gives one person (the agent) the power to represent another (the principal) in matters of law or finance.