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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. How do the children have just as high a stake in the family business as their parents?
(a) He gives each child money to spend or save.
(b) He threatens each child.
(c) He makes every member of the family a partner in the family business.
(d) If he cannot earn enough money, neither do they.

2. What does Sam admit was the biggest mistake of his business career?
(a) Purchasing this Ben Franklin.
(b) Purchasing of a shopping center.
(c) Purchasing this Kmart.
(d) Purchasing this Woolworth.

3. Why does Sam realize he must get a career job and accepts a job from JC Penney?
(a) He cannot afford to go to Wharton School of Finance in Pennsylvania.
(b) He no longer wants to continue going to school.
(c) He needs money.
(d) He cannot afford to go to Harvard Law.

4. When he is 14, Sam saves a boy from ____________.
(a) Starving to death.
(b) Drowning.
(c) A wild boar.
(d) Getting hit by a car.

5. Sam attends the University of Missouri since he is already well-known in Columbia and joins what fraternity?
(a) Sigma Phi Epsilon.
(b) Phi Tau.
(c) Beta Theta Pi.
(d) Beta Tau Beta.

Short Answer Questions

1. When Sam did not like the attention given to him and his family by the press, he put a lid on the personal information released to the public. What happened because of this reason according to Sam?

2. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?

3. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?

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

5. Sam enlists the help of Charlie Baum, whom he met ______________.

(see the answer key)

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