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A Contract That Is Discharged by Performance Is One in Which

question 28

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A contract that is discharged by performance is one in which the respective legal obligations of the parties have been fulfilled.


Definitions:

Mean

The arithmetic average of a set of numbers, calculated by dividing the sum of the values by the number of values.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values from the mean.

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, expressed in standard deviations.

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