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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. In 1939, he meets Hugh Mattingly who owns _____________.
(a) A variety store chain with 60 stores.
(b) A discount store chain with 40 stores.
(c) A Ben Franklin store in town.
(d) The first Wal-Mart.

2. Sam is not interested in retail because __________________.
(a) He does not want to be a businessman.
(b) He believes he will be an insurance salesman.
(c) He wants to purchase a farm.
(d) He wants to go to law school.

3. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.
(a) His wealth.
(b) His loving personality.
(c) His honesty and integrity.
(d) His quiet demeanor.

4. 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) 48 percent.
(c) 68 percent.
(d) 38 percent.

5. Sam and his brother Bud go into business together and purchase outright ______________.
(a) An old Meijer store in Ruskin Heights.
(b) An old Kmart store in Ruskin Heights.
(c) An old Ben Franklin store in Ruskin Heights.
(d) An old Woolworth store in Ruskin Heights.

Short Answer Questions

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

2. What is significant about Sam's bet regarding being an Eagle Scout?

3. Why does Sam realize he must get a career job and accepts a job from JC Penney?

4. Helen had to help Sam sign the notes to secure all the money and by the time it was ready, what had happened?

5. Right away, Sam looks for other store opportunities and drives to Fayetteville to find a store whose only competitor is _________.

(see the answer key)

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