Which of the Following NAICS Codes Would Be Used by a Marketing

question 56

Multiple Choice

Which of the following NAICS codes would be used by a marketing manager who wanted data on the MOST GENERAL breakdown of a particular industry?

• A) 31
• B) 31522
• C) 315
• D) 3152
• E) There is no way to tell from the information provided.

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Definitions:

Real Property

Land and any permanent structures attached to it, such as buildings, homes, and other fixtures.

Apparent Authority

Apparent Authority refers to a situation where a third party reasonably believes that an agent has the authority to act on behalf of another, even if such authority has not been explicitly granted.

Enforceable Contract

A legally binding agreement between parties that can be enforced by law if not fulfilled.

Ratified

Refers to the formal approval or confirmation of an agreement or contract, typically making it officially valid.