M1

• Is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities?

  Business
• It can be for-profit entities or non-profit organizations?

  Businesses
• Business types range from limited liability companies, sole proprietorships, corporations, and partnerships.
• What are the three types of businesses?

  Sole Proprietorships, Partnerships, Corporations
• Is a business owned by one person?

  Sole Proprietorships
• This is the simplest type of business to start and is the least regulated form of organization?

  Sole Proprietorships
• Is an association of two or more persons who operate a business as co-owners by voluntary legal agreement?

  Partnerships
• Is a legal entity whose assets and liabilities are separate from those of its owners?

  Corporations
• As a legal person, its personality is distinct from its owners?

  Corporations
• A proper or reasonable way of thinking about or understanding something?

  Logic
• A science that studies the principles of correct reasoning?

  Logic
• The process of making inferences based upon observed patterns, or simple repetition?

  Logic
• Often used in reference to predict about what will happen or does happen based upon what has happened?

  Logic
• Is a process for making a conclusion and a tool you can use?

  Logic
• The foundation of a logical argument is its proposition or statement.
• It is either accurate (true) or not accurate (false)?

  Proposition
• Are the propositions used to build the argument?

  Premises
• Is then built on premises?

  Argument
• Is made from the premise?

  Inference (Interpretation)
• Is drawn?

  Conclusion
• Is the custom rules or algorithms that handle the exchange of information between a database and user interface?

  Business Logic
• Is essentially part of a computer program that contains the information (in the form of business rules) that defines or constrains how a business operates?

  Business Logic
• Can be seen in the workflows that they support, such as in sequences or steps that specify in detail the proper flow of information or data, and therefore decision-making?

  Business Logic
• Business Logic is also known as "domain logic".
• Are useless without business logic to determine how data is calculated, changed, and transmitted to users and software?

  Business Rules
• Is any part of a business enterprise that makes up a system of processes and procedures, whereas anything else is an example of a business rule?

  Business Logic
• Is a study to distinguish between correct and incorrect reasoning which is vital in making various business decisions?

  Logic