Professor Jones Wants to Conduct a Study on a Sample

question 38

Multiple Choice

Professor Jones wants to conduct a study on a sample of 60-year-old adults who expect to retire from their jobs in five years.He will administer a questionnaire that asks them what they plan to do once they do retire.Then he will locate these same people every five years (until they are age 75) to find out whether they followed their original plans for retirement.Which research design is Professor Jones using for his study?

• A)Cross-sectional
• B)time-lag
• C)Experimental
• D)Longitudinal

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Definitions:

Course of Performance

Refers to the conduct between contracting parties that is consistently undertaken in the course of their business relationship, serving as an interpretative tool for their agreement.

Course of Dealing

The history of conduct between parties in a transaction, which can help interpret their agreement and obligations.

Perfect Tender Rule

a legal principle under the UCC that requires sellers to deliver goods that exactly meet the terms of the contract with the buyer.

Substantial Performance

A legal principle allowing a party to enforce a contract if they have fulfilled enough of its terms to warrant payment, even if there are minor breaches.