Examlex
For a negatively skewed distribution,the mean usually has a larger value than either the median or the mode.
Reasonable Care
The degree of caution and concern an ordinarily prudent person would use in similar circumstances.
Compensatory Damages
Financial compensation awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a direct result of another's breach of duty or negligence.
Punitive Damages
Financial compensation awarded to an aggrieved party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.
Fraud
A deliberate deception practiced to secure unfair or unlawful gain, or to deprive a victim of a legal right.
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