The Form of Contract Includes the Following

question 6

Multiple Choice

The form of contract includes the following

• A) contracts whose terms are entirely oral.
• B) contracts whose terms are entirely in writing in one document.
• C) contracts whose terms are entirely in writing in several documents.
• D) contracts whose terms are both oral and in writing.
• E) all of the above

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Definitions:

Standard Error

A statistical measure that quantifies the variability or dispersion of a sample statistic from the population parameter it estimates.

Population Distribution

A term that describes how the values of a variable are distributed across an entire population.

Sampling Distribution

The probability distribution of a given statistic based on a random sample.

Normal Distribution

A bell-shaped curve distribution that is symmetrical around the mean, where the bulk of the values lie near the center and it tails off towards the extremes.