The Majority of Provisions in Contracts Are Covenants

question 91

True/False

The majority of provisions in contracts are covenants.

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Definitions:

Interval Data

A type of data that consists of numerical scores that exist on a scale with equal intervals between values but no true zero point.

Nominal Data

Categorical data that cannot be ordered or ranked in a meaningful way.

Ordinal Data

A type of categorical data with a set order or scale, but without a standard spacing between the categories.

Relative Frequency Distribution

A representation of the proportion of observations within each category of a dataset, often visualized with a histogram or pie chart.