If a and B Are Mutually Exclusive Events with P(A)=

question 99

Multiple Choice

If A and B are mutually exclusive events with P(A) = 0.70,then P(B) :

• A)can be any value between 0 and 1
• B)can be any value between 0 and 0.70
• C)cannot be larger than 0.30
• D)Cannot be determined with the information given

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Definitions:

Fiduciaries

Individuals or organizations entrusted to manage assets or decisions for another party, often with a legal obligation to act in the latter's best interest.

Principals

The main parties involved in a transaction or contract, including those who have the authority to make decisions and agreements.

Employers

Employers are individuals or organizations that hire and pay people to work for them, providing compensation in the form of wages or salary in exchange for their labor or services.

Principal Awareness

The knowledge or understanding attributed to a principal party, typically in the context of legal liability or agreements.