Examlex
A box of 27 transistors contains 7 that are defective. If 2 transistors are drawn from the box together, what is the probability that exactly one of the two transistors is defective? Round your answer to four decimal places.
Collateral Contract
A separate contractual obligation that can stand alone, independent of the written contract.
Inferred Trust
A trust implied by law to work out justice between the parties, based on certain circumstances or conduct, as opposed to being established by explicit words.
Vicarious Performance
Performance by another designated person of the obligations under a contract rather than the actual contracting party.
Qualified Person
An individual who possesses the necessary education, experience, and credentials to perform a specific job or task.
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