If You Use Geographic Units Such as Nations to Be

question 20

Multiple Choice

If you use geographic units such as nations to be sampled for comparative purposes, it is assumed that

• A)Nations are dependent on each other, which makes it easier to find similarities to compare
• B)Geography doesn't matter that much in this type of sampling
• C)Common international influences do not affect nations in a way that would disturb the sample
• D)Nations are independent of each other in terms of the variables being examined

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Definitions:

Agent

A person or entity authorized to act on behalf of another person or entity (the principal), typically within the scope of business or legal matters.

Indemnify The Agent

To protect the agent against losses, damages, or liabilities arising from their actions while performing their duties.

Tort Liability

Legal responsibility arising from a civil wrong or injury that does not involve a contract breach, leading to legal liability.

Principal

In finance, this term refers to the original sum of money invested or loaned, not including any interest or dividends. In law, it can also mean the main party to a transaction.