Arbitration Agreements Which Are Offered on a Take-It-Or-Leave-It Basis Are

question 24

Multiple Choice

Arbitration agreements which are offered on a take-it-or-leave-it basis are: ​

• A)procedurally unconscionable
• B)rhetorically unconscionable
• C)substantively unconscionable
• D)structurally unsound ​

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Definitions:

Mean

The average of a set of numbers, calculated by adding all the numbers in a set together and then dividing by the count of those numbers.

Standard Deviation

A calculation that determines the extent of variability or dispersion in a series of values.

Normal Distribution

Normal distribution, also known as Gaussian distribution, is a continuous probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

50th Percentile

Also known as the median, it is the value below which 50% of the data points in a data set lie.