Patrick Paddywagon,owner of the Paddywagon Automobile Supermarket,wanted to Find Out

question 7

Multiple Choice

Patrick Paddywagon,owner of the Paddywagon Automobile Supermarket,wanted to find out the kinds of cars he should push to graduating college students.He asked 100 university seniors to rate 10 aspects of 11 models his dealership sold: style,fuel economy,engineering,safety,performance,prestige,comfort,price,selection or options,and interior size.Each car was rated on the 10 aspects from 0 (poor) to 5 (excellent) .Each student also rated the importance of each aspect (1 = unimportant,2 = moderate importance,3 = very important) .Then each aspect rating was weighed (multiplied) by its importance rating.Next,everything was added together for a score.Each car received a score of 0 to 150.What measurement technique did Patrick use in his study?

• A) Semantic differential
• B) Graphic rating scale
• C) Likert scale
• D) Hawthorne scale
• E) An index

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Definitions:

Void Liens

Legal claims or holds on property that are invalid or unenforceable due to defects in the lien's creation or in adherence to statutory requirements.

Exempt Properties

Items or assets that are protected by law from being seized by creditors or during bankruptcy proceedings.

Federal Exemptions

Specific assets or income types that are protected or exempt from seizure under federal law during bankruptcy.

Insolvency

Refers to the financial condition where an entity can not meet its debt obligations as they come due.