A Smaller Number of People Used to Represent an Entire

question 102

Multiple Choice

A smaller number of people used to represent an entire population is called a:

• A) target group.
• B) sample.
• C) closed-format group.
• D) sampling frame.

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Definitions:

Simple Delivery Contract

A contract that involves the transfer of goods from the seller to the buyer through direct delivery.

Identified to the Contract

Refers to goods that have been designated as the subject matter of a sales or service contract.

Insurable Interest

A stake in the preservation of a person or property that is sufficiently substantial to justify purchasing insurance.

Risk Exposure

The degree of vulnerability to potential financial loss in business operations or investments.