A Residence Assistant (RA)at a Local University Devised a Plan

question 15

Multiple Choice

A Residence Assistant (RA) at a local university devised a plan to spot check the dorm for illegal drinking by knocking on every 5ᵗʰ door on each floor.What technique was the RA using?

• A)stratified sampling
• B)simple random sampling
• C)quota sampling
• D)systematic sampling

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Definitions:

HDC Status

Refers to Holder in Due Course status, a term in the Uniform Commercial Code that represents a party who has acquired a negotiable instrument under certain conditions that provide protection from defenses and claims that could impair the right to enforce the instrument.

Negotiation

The process whereby parties discuss their differences and attempt to reach a mutually agreeable resolution.

Indorses

Endorses or signs the back of a financial instrument (such as a check) to transfer rights to another party.

Credit Union

A member-owned financial cooperative that provides banking services, including savings and loan facilities, to its members.