Answer
Associative Property of multiplication
Work Step by Step
RECALL:
The Associative Property of multiplication states that for any real numbers $a$, $b$ and $c$, $a\cdot (b \cdot c) = (a \cdot b) \cdot c$.
With $a=3$, $b=4$, and $c=2$, the given expression illustrates the Associative Property of multiplication.