Examlex
The length of time it takes college students to find a parking spot in the library parking lot follows a normaldistribution with a mean of 5.5 minutes and a standard deviation of 1 minute. Find the cut-off time which75.8% of the college students exceed when trying to find a parking spot in the library parking lot.
Promissory Note
A written promise to pay a specified sum of money to a designated person or entity, at a specified time or on demand.
Counter Offer
A response to an offer in which the original conditions are rejected and new terms are proposed.
Verbal Offer
An offer made orally rather than in writing, which in some cases can still be legally binding depending on the circumstances.
Unconditional
Unconditional means without any limitations, conditions, or stipulations; it often refers to agreements, love, or support that is given freely and without reservations.
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