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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Bouncing Back.

Multiple Choice Questions

1. What kind of farm does Sam's family have?
(a) A dairy farm.
(b) An apple farm.
(c) A chicken farm.
(d) A turkey farm.

2. Sam enlists the help of Charlie Baum, whom he met ______________.
(a) While working with the Ben Franklin store.
(b) While working at JC Penney.
(c) While in college.
(d) In high school.

3. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.
(a) 58 percent.
(b) 38 percent.
(c) 68 percent.
(d) 48 percent.

4. Helen had to help Sam sign the notes to secure all the money and by the time it was ready, what had happened?
(a) They had spent all of their own money.
(b) They had borrowed some money.
(c) They had decided to borrow money.
(d) They had borrowed as much as they possibly could.

5. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?
(a) Franchising.
(b) Discount stores.
(c) Boutiques.
(d) Variety stores.

Short Answer Questions

1. Sam believes that he was over-blessed with the traits of ____________.

2. How do the children have just as high a stake in the family business as their parents?

3. He decides to run for the student body president and wins by doing one important move. What is that move?

4. Sam and his brother Bud go into business together and purchase outright ______________.

5. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.

(see the answer key)

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