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On Deductive Arguments. -If the Premises and Conclusion Are All False, the Argument

question 90

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On deductive arguments.
-If the premises and conclusion are all false, the argument must be invalid.


Definitions:

Optimistic Estimate

A projection or forecast that assumes the most favorable conditions and outcomes.

Bid Shading

The strategy of making a bid lower than what a bidder is actually willing to pay, typically to save money in auctions or competitive tender processes.

Bid-rigging

An illegal agreement between parties to conspire and fix the bidding process, often in procurement auctions.

Sealed-bid

A bidding process where all the bids are kept confidential until a designated opening time, preventing bidders from seeing competitors' bids.

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