Examlex
Explain the characteristics of one-stage and two-stage cluster sampling.
Insurable Interest
A requirement in insurance policies that the policyholder must stand to suffer a financial loss from the insured event, giving them a legitimate interest in seeking coverage.
Buyers
Individuals or entities that purchase goods or services.
Sellers
Individuals or entities that offer goods or services for sale to buyers.
Firm Offer
An offer in a contract that remains open and unchangeable for a specified period, giving the recipient time to consider and accept the offer without fear of withdrawal.
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