Cameron Smith Recently Surveyed 200 of His Classmates to Get

question 19

Multiple Choice

Cameron Smith recently surveyed 200 of his classmates to get a sense of the demand for a new software product he is working on. Collecting data via a survey you administer yourself is referred to as:

• A) direct research
• B) derivative research
• C) primary research
• D) secondary research
• E) initial research

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Definitions:

Mortgage Debt

A loan secured by property, typically real estate, where the borrower is obliged to make a predetermined series of payments.

Deed of Trust

A legal document where real property is held in trust by a third party as security for a loan until the debt is paid off.

Borrower

An individual, organization or company that receives funds from a lender under the condition of returning the borrowed amount plus interest.

Security

An instrument commonly dealt with in the securities markets or commonly recognized as a medium of investment and evidencing an obligation of an issuer or a share, participation, or other interest in an enterprise.