Examlex
The t-distribution is used in a confidence interval for a mean when the actual standard error is not known.
Bilateral Contract
A promise exchanged for a promise.
Consideration
In contract law, the value (which could be an action, object, or service) that is exchanged between parties entering into a contract.
Consideration
a legal principle involving something of value exchanged between parties within a contract, making the agreement enforceable.
Accord And Satisfaction
An arrangement between contracting parties whereby one of the parties substitutes a different performance for his or her original duty under the contract. The promise to perform the new duty is the accord, and the actual performance of that new duty is the satisfaction.
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