Examlex
-Ajax Manufacturing has a fixed scale of plant with the levels of total product given in the table for different levels of labor.Complete the table by calculating the average product and marginal product.
Silent Acceptance
An implied agreement to a proposal demonstrated through an individual's actions rather than explicitly expressed consent.
Common Law
Law that is derived from court decisions over time, rather than statutes or written laws enacted by a legislative body.
Mirror Image
In contract law, the principle that an offer must be accepted exactly without modifications for a legally binding agreement to be formed.
Registered Letter
A mail service providing the sender with a mailing receipt, and sometimes includes insurance and tracking of delivery.
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