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In Interpreting a Contract, Terms Which Have Been Separately Negotiated

question 40

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In interpreting a contract, terms which have been separately negotiated are given priority over standardized pre-printed terms.


Definitions:

Age

A measure of the time elapsed since the birth of an individual or the existence period of an object.

Goodness-of-Fit Test

A statistical test used to compare an observed distribution to an expected distribution, to check how well the observed data fits with a specific distribution.

Probability Distribution

A mathematical description that assigns probabilities to different outcomes of a random variable.

Chi-Square Distribution

The Chi-Square Distribution is a statistical distribution used for hypothesis testing and is derived from the sum of the squares of a set of normally distributed random variables.

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