Which of the Following Legislations Would You Need to Rely

question 51

Multiple Choice

Which of the following legislations would you need to rely on if you wanted to ensure that terms are implied into a contractual business arrangement?

• A) the Commercial Transactions Act
• B) the Electronic Commerce Act
• C) the Goods and Services Act
• D) the Sale of Goods Act

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Definitions:

Mean

The average of a set of numerical values, calculated as the sum of the values divided by the number of values.

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of quantities.

Point Estimate

A single value estimate of a population parameter that serves as the best guess or prediction of the parameter.

Confidence Limits

Confidence limits define the range within which a population parameter is estimated to lie with a certain level of confidence.