Examlex
The actual weight of the contents of an 11-ounce bag of potato chips has an approximate normal
distribution with a mean of 11.6-ounces and a standard deviation of 0.2-ounces. What is the
probability of randomly picking a bag with an actual weight greater than 11.8-ounces? Give your
answer as a percentage.
Disputed Debt
A debt that is not agreed upon by the debtor and creditor, often leading to legal action or negotiation for resolution.
Illusory Promise
An agreement that appears to be a contract but lacks the necessary elements to bind the parties, often due to vague or unenforceable terms.
Statute of Limitations
Laws prescribing the time limits within which legal proceedings may be initiated.
Discharged in Bankruptcy
The legal status of having been released from the obligation to repay most or all debt, under bankruptcy proceedings.
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