Examlex
Four hundred and eighty minutes of production time are available per day.Scheduled production is 120 units per day.What is the required cycle time?
Substantial-purpose Rule
A legal doctrine that focuses on the main objective of an action to determine its legality or the applicability of certain laws.
Main-purpose Rule
A legal principle stating that if the main purpose of a promise to pay another's debt is to benefit the promisor, the promise may be enforceable without being in writing.
Executor
An individual appointed in a will to manage the estate of the deceased, ensuring that all affairs are settled and wishes are honored.
Estate
The total property, assets, and liabilities of a person, especially considered in the context of inheritance or estate planning.
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