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The definition "'Noisy' means, in relation to a factory, having an average sound level of 87 decibels or greater" is an example of:
Binding Agreement
A contract or agreement that is legally enforceable in a court of law, implying that all parties have agreed to the terms and conditions.
Variable Interest
Interest that can change over the lifetime of a loan, credit line, or other form of financing, usually linked to a fluctuating benchmark rate.
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