Why Do Courts Generally Use an Objective Standard in Analyzing

question 50

Essay

Why do courts generally use an objective standard in analyzing contractual situations instead of a subjective standard?

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Definitions:

Effect Size

A quantitative measure of the magnitude of the experimental effect, indicating the strength of the relationship between the variables.

Cramér's V

A measure of association between two nominal variables, indicating the strength of their relationship.

Effect Size

A quantitative measure of the strength of a phenomenon or the magnitude of a difference in a statistical analysis.

Cramér's V

A measure of association between two nominal variables, giving a value between 0 and 1 to indicate the strength of association.