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Revocation May Be Made by the Offeror's Express Statement,or an Act

question 128

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Revocation may be made by the offeror's express statement,or an act of the offeror that is inconsistent with the offer.


Definitions:

Mean Salary

The average income earned by employees in a specific group, calculated by dividing the total salary by the number of individuals.

Net Weight

The weight of a product without any packaging or container, essentially the weight of the goods alone.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the individual data points differ from the mean of the data set.

Significance Level

The threshold used in statistics to determine the probability of rejecting a null hypothesis when it is true.

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