Ordinal Rankings of Performance Are Examples of a __________ Type

question 27

Multiple Choice

Ordinal rankings of performance are examples of a __________ type of measure.

• A)frequency count
• B)raw number
• C)verbal measure
• D)subjective numeric rating

---

Definitions:

Negotiable Instruments

Negotiable instruments are formal financial documents (such as checks, promissory notes, and bills of exchange) that promise to pay a specified amount of money to a person in possession of the instrument under certain conditions.

Indorser

In finance, someone who signs a negotiable instrument, such as a check or promissory note, over to someone else, thereby transferring the rights of that document.

Primarily Liable

The condition of being initially and directly responsible for fulfilling an obligation or debt, without shifting that responsibility to another party.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name mentioned.