An Offer Made in Anger,where a Reasonable Person Would Not

question 29

True/False

An offer made in anger,where a reasonable person would not have known that it was made in anger,cannot result in a contract.

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Definitions:

Variances

Measures of how much a set of numbers is spread out from their average value, indicating distribution dispersion.

Population Parameters

Statistical measures that summarize characteristics for an entire population, such as mean, variance, or standard deviation.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists between certain characteristics of a population or data set.