Which of the Following Best Defines Inductive Logic

question 64

Multiple Choice

Which of the following best defines inductive logic?

• A)The ability to use experience to create a general principle
• B)The ability to use a general principle to predict a specific outcome
• C)An abstract concept related to conservation principles
• D)The understanding that superficial changes to the appearance of an object do not change the essence or the reality of the object

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Definitions:

Franchisee

An individual or company that is granted the right by a franchisor to operate a business under the franchisor's trademark and business model.

License

A legal permission granted by an authority to conduct business, use intellectual property, or undertake certain activities.

Market

A venue or system where buyers and sellers interact to trade goods, services, or financial instruments.

Cost Driver

A factor that causes the cost of an activity or process to change, used in activity-based costing to allocate costs more accurately.