Examlex
The Code of Hammurabi was one of the first of all ancient legal codes.In what ways was it "modern"? How was it different from modern day Western legal codes? What do you believe constituted "justice" for the inhabitants of Mesopotamian city-states?
Sealed-Bid
A method of auction or tendering process where all bidders simultaneously submit their bids in secret, to be opened at a predetermined time.
Lemons
A term used in economics to describe a product of lower quality that is hard to distinguish from higher quality products before purchase.
Expected Value
The mean of all potential outcomes of a random variable, adjusted according to their individual probabilities of occurrence.
Dipstick
A tool used for measuring the quantity of a liquid in a tank or container, commonly used for checking oil levels in engines.
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