A Unilateral Contract Is Binding for the Person Who Makes

question 32

True/False

A unilateral contract is binding for the person who makes it, as well as on the person in whose favor it has been made.

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Definitions:

Randomized Block Model

A statistical model used to remove the variability caused by known but irrelevant variables by grouping similar experimental units.

Nonparametric Counterpart

An equivalent statistical method or technique that does not assume the data follows any specific fixed distribution, often used as an alternative to traditional parametric tests.

Analysis of Variance

A statistical method used to test the difference between two or more means by examining the variances.

Nonparametric Method

A type of statistical method that does not assume a particular distribution for the data, often used when data doesn't fit normal distribution assumptions.