Any Characteristic, Material, or Attribute of Someone or Something That

question 12

Multiple Choice

Any characteristic, material, or attribute of someone or something that can be measured with or without an instrument or device is known as a:

• A) Focus
• B) Sample
• C) Variable
• D) Population

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Definitions:

Chapter 7 Bankruptcy

A liquidation form of bankruptcy available to individuals and businesses, resulting in the sale of non-exempt assets to pay creditors and discharge most debts.

Equity

The fair and impartial treatment in justice or the value of ownership interest in a property after debts are subtracted.

Means Test

A method for determining eligibility for certain types of financial assistance based on the individual's income and assets.

Median Income

The middle value of income in a given population, wherein half of the population earns more and half earns less.