Examlex
To calculate the score at the 97.5th percentile, one would apply the formula X = µ + ( s )(1.96).
Statutorily Established Liquidated Damages
Damages specified by law for certain breaches of contract, where actual damages are difficult to ascertain.
Firm Offer
A binding promise made by a seller to hold an offer open for a specified period of time, not requiring consideration to be enforceable under certain conditions in commercial transactions.
Breach of Warranty
Failure to fulfill the terms of a promise or guarantee made about the quality or duration of a product or service.
Installation
The process of setting up or fitting equipment, software, or hardware for it to be ready for use.
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