A Gift Is _____

question 34

Multiple Choice

A gift is _____.

• A) the rightful possession of goods by one not their owner
• B) the transfer of title without consideration
• C) a mortgage on personal property in case the debtor-owner defaults
• D) the reassignment of right of possession and use for a price
• E) an arrangement whereby the lessee comes to own the leased goods

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Definitions:

Proportion

A part, share, or number considered in comparative relation to a whole; a statistical measure often used to describe a characteristic of a sample.

Variability

The extent to which data points in a statistical distribution or dataset differ from the average or mean value.

Sample Size

The number of observations or data points collected in a sample from a population.

Central Limit Theorem

A statistical theory that states that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population, and the samples will be distributed approximately normally.