A professor of economics at a small Texas university wanted to determine what year in school students were taking his tough economics course. Shown below is a pie chart of the results. What percentage of the class took the course prior to reaching their senior year?
Definitions:
Risk of Loss
Risk of loss refers to the legal and financial responsibility for damages, destruction, or loss of property, often determining who bears this risk during transactions or in the event of unforeseeable incidents.
Good Faith
Good faith refers to an honest intention to act without taking advantage of another person or to fulfill one's obligations or agreements.
Fair Dealing
A legal doctrine that permits limited use of copyrighted material without permission for purposes such as criticism, news reporting, teaching, and research.
Course of Performance
An interpretation principle in contract law considering the conduct between parties in the execution of their duties under the contract.
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