The Labeling of Parts as "Defective" or "Non-Defective" Is an Example

question 69

Multiple Choice

The labeling of parts as "defective" or "non-defective" is an example of

• A)ordinal data
• B)ratio data
• C)interval data
• D)nominal data

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Definitions:

Peerless Case

A reference to Raffles v. Wichelhaus, a landmark court case that dealt with mutual mistake in contract law, specifically regarding the identity of a ship named Peerless.

Rescinded Contract

A contract that has been declared void and is no longer legally binding, often due to mutual agreement or legal reasons.

Mutual Mistake

A situation in contract law where all parties involved have a shared erroneous belief concerning a basic assumption on which the contract was made.

Unilateral Mistake

A situation where only one party to a contract is mistaken about a fundamental fact or term of the contract.