Which of the Following Is the Correct Term for the Agreement

question 46

Multiple Choice

Which of the following is the correct term for the agreement entered into between George and the bank?

• A) A suretyship
• B) A guaranty
• C) A certified agreement
• D) An acknowledged agreement
• E) An executory promise

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Definitions:

Probability Sampling

A method of sampling that utilizes random selection procedures to ensure every member of a population has an equal chance of being included in the sample.

Margin Of Error

A measure in survey research, indicating the range within which the true value (for example, percentage of population holding a certain opinion) lies with a certain level of confidence.

Percentage Points

A unit for the difference of percentages, referring to the absolute difference between values in percentage terms, not the relative difference.

Social Desirability

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often leading to bias in survey research.