Types of Non-Random Samples Include

question 4

Multiple Choice

Types of non-random samples include:

• A) convenience and quota samples.
• B) cluster and convenience samples.
• C) stratified and convenience samples
• D) random and cluster samples

Identify the enforceability and effect of anti-assignment clauses in contracts.

Distinguish between the legal treatments of assignable and non-assignable contract rights.

Understand the implications of the "American rule" regarding the rights of assignees.

Comprehend the conditions under which a delegation of duties is valid or void.

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Definitions:

360-Day Year

An accounting convention that simplifies interest calculation by assuming all months have 30 days, resulting in a 360-day year.

Interest Charged

The cost incurred for borrowing money or the amount earned on deposited funds, usually expressed as a percentage of the principal.

Contingent Liability

A potential financial obligation that may arise depending on the outcome of a future event.

Contingent Liabilities

Liabilities that may arise from past transactions if certain events occur in the future.