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A Magazine Publisher Mails a Survey to Every Subscriber Asking

question 60

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A magazine publisher mails a survey to every subscriber asking about the timeliness of its subscription service.The publisher finds that only 4% of the subscribers responded.This 4% represents what?


Definitions:

Nonexistent Organization

An entity that is claimed or thought to exist but in reality does not.

Negotiable

Refers to something that can be discussed or altered, such as terms in a contract, or a financial instrument that can be transferred or sold.

Indorsement

A signature placed on an instrument for the purpose of transferring ownership rights in the instrument.

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

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