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In case of endogenous sample selection, OLS is unbiased but consistent.
Conditions Subsequent
Specific conditions outlined in a contract that must occur or be performed after a specified event or action, which can affect parties' rights and obligations.
Conditions Concurrent
In a contract, these are conditions that must occur or be performed at the same time by the parties involved for the contract to become effective.
Express Conditions
Specific stipulations or criteria that are clearly stated and must be met for a contract or agreement to be fulfilled.
Implied Conditions
Terms and stipulations that are not expressly stated but are understood to be included within a contract or agreement.
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