Examlex
A sample of 12 construction workers has a mean age of 25 years.Suppose that the sample is enlarged
to 14 construction workers,by including two additional workers having common age of 25 each.
Find the mean of the sample of 14 workers.
Consideration
The benefit, interest, right, or profit involved in an agreement or contract, on which it is based.
Statute of Frauds
A legal concept requiring certain types of agreements to be executed in writing and signed by the parties involved to be enforceable.
Collateral Promises
Agreements that are secondary to a primary transaction or promise, often requiring the backup of an asset as security.
One-Year Rule
A legal provision in contract law stating that contracts which cannot be performed within one year must be in writing to be enforceable.
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