It Is Rare for Biased Items to Account for More

question 22

Multiple Choice

It is rare for biased items to account for more than _____ of the variance in performance.

• A)5%
• B)10%
• C)15%
• D)20%
• E)25%

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Definitions:

Good Faith Purchaser

A person who buys property without knowledge of any existing claims, liens, or encumbrances against it.

F.O.B. Hartford

specifies terms of a shipping agreement where the seller is responsible for transportation costs and risks until the goods reach Hartford, at which point the buyer assumes responsibility.

Destination Contract

A contract specifying that the seller will bear the risk and cost of delivering goods to a specific location agreed upon by the seller and the buyer.

Identification of the Goods

The process of specifying or distinguishing goods to be covered by a sales or service contract.