The Safest Action Is to Assign the Value 1 to Accumulators

question 33

True/False

The safest action is to assign the value 1 to accumulators before using them.

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Definitions:

Consideration

In contract law, it refers to something of value, such as money, services, or goods, exchanged between parties as part of an agreement.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another if the latter has reasonably relied on that promise to their detriment.

Reasonable Reliance

A principle where a party acts based on the representation or promise of another, believing it to be true.

Bilateral Contract

An agreement involving two parties where each promises to perform an act in exchange for the other's act.