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Sharp Finance Company has furnished Keith with some pre-printed forms for customers to sign to finance repairs on their homes. After the customers sign the notes naming Keith as the payee, he sells them to Sharp Finance. Sometimes Keith is busy and does a poor job on the homes so he can get on to the next job. When customers complain, he says he'll get around to fixing the problems. If the customers don't pay the note, Sharp Finance sues them. Can the customers use the defenses they have against Keith against Sharp? Explain.
Situational Control
The extent to which conditions and variables can be manipulated or regulated in the context of an experiment or study setting.
Independent Variables
Variables that are manipulated or controlled in an experiment to test their effect on dependent variables.
Random Assignment
A method used in experiments to divide participants into groups in a way that each has an equal chance of being placed in any group, minimizing biases.
Generalizable
The extent to which findings from a study can be applied or extended to larger populations beyond the sample studied.
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