_______________ and _______________ Are Both Considered Continuous Levels of Measurement

question 11

Multiple Choice

_______________ and _______________ are both considered continuous levels of measurement.

• A) nominal; ordinal
• B) ordinal; interval
• C) interval; ratio
• D) nominal; interval

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Definitions:

Managed by Shareholders

An organizational structure in which the owners (shareholders) of a firm take an active role in the management decisions.

Legal Entity

An organization or business that has legal rights and obligations, including the ability to enter into contracts and sue or be sued.

Sued and to Sue

Refers to the legal capacity of an individual or entity to bring a lawsuit or to be subject to a lawsuit in a court of law.

Defective Incorporation

A situation where errors or omissions occur during the incorporation process of a company, potentially affecting its legal status or liability.