Which of the following statements about sampling is correct?

a. Sampling is based on the principle that a sufficiently large number drawn from a population will be representative, regardless of whether the selection was random.
b. The results of a sample will be biased and therefore not reliable for formal research.
c. Sampling is a survey technique that eliminates the need for questioning 100 percent of the population.
d. All of the above are correct.


C

Business

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Indicate whether the statement is true or false

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Compensatory damages are typically assessed against the breaching party:

a. as a penalty for breaching the contract. b. only under the UCC when the sale of goods is the subject of the contract. c. to put the non-breaching party in the position it would have been in had the contract never been formed. d. to put the non-breaching party in the position it would have been in if the contract hadn't been breached.

Business

A-1 Electrical Service is an electrical contractor that employs 14 electricians. A-1 faces many loss exposures

One general liability exposure arises out of faulty work that A-1 electricians may perform for customers at their homes or businesses. This liability exposure is known as A) premises and operations liability. B) products liability. C) completed operations liability. D) contingent liability.

Business

In a partnership, each partner is an agent of the partnership

Indicate whether the statement is true or false

Business