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Let be the identity matrix of order 2, and let
. Find the polynomial
for the given matrix A. (In the study of matrices,
is the characteristic polynomial of A, and the zeros of
are the characteristic values (eigenvalues) of A.)
Bargained-for Exchange
Bargained-for exchange is a legal concept where parties agree to provide something of value to each other, forming the basis of a contract.
Illusory Promise
A statement that appears to be a binding commitment but allows for so much discretion that it does not legally bind the party making it.
Promisor
The party in a contract who makes a promise to perform or provide a benefit to the promisee.
Statute of Limitations
A law that sets the maximum time after an event within which legal proceedings may be initiated.
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