Examlex
Data is collected from 20 sales people in order to verify that the more contacts made with potential
Clients, the greater the sales volume. The MegaStat printout is shown below. (or use the excel file
#contacts and sales n = 20 data only)
Determine the 95% confidence interval for Sales when 25 contacts are made.
Contract Term
A specific duration or period during which an agreement is effective and enforceable by law.
Mistake
An error in understanding or judgment that can affect the terms or validity of a contract.
Economic Duress
involves the use of unlawful economic pressure to compel a party to act against their will in entering into a contract, impacting the agreement's voluntariness.
Coercive Acts
Laws or measures taken to force someone to comply with certain rules or regulations, often seen in historical contexts like the British legislation before the American Revolution.
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