A toy manufacturer conducted a survey to estimate the market demand for its specialized wood-based toys in a foreign country. For the survey, it interviewed all the families in four rural towns of that country but it did not have sufficient information to make the distinction between those with chidden and those without children. The market demand for the toys. Which of the following is the most likely reason for this failure?

A. difficulty in defying the research objective
B. inappropriate sample selection size due to lack of demographic data
C. difficulty in translating the responses
D. unwillingness of the respondents to reply to survey questions
E. lack of appropriate methods for analyzing the data

Answer: B. inappropriate sample selection size due to lack of demographic data

Business

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In the late 1800s and early 1900s, manufacturers were well protected from liability suits brought by injured customers because of two formidable obstacles in the law. What were they?

A. The principle of actus reus and the doctrine of laches. B. The principle of caveat emptor and the doctrine of privity. C. The principle of caveat emptor and the doctrine of laches. D. The principle of actus reus and the doctrine of privity.

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Which of the following items is included in the partnership agreement?

A) age of each partner B) duties of each partner C) citizenship of each partner D) net worth of each partner

Business