Examlex
A contract existed between David and Tawny.Although the agreement was fully executed from his perspective, it was still partially executory from her perspective.The parties nevertheless agreed that the agreement should be brought to an end.That new agreement is enforceable as long as David puts his seal on it, even if Tawny does not do likewise.
Roulette-Type Game
A gambling game in which players bet on which compartment of a revolving wheel a small ball will come to rest in.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
Functional Fixedness
A cognitive bias that limits a person to using an object only in the way it is traditionally used.
Problem-Solving Barrier
Refers to any obstacle, either internal or external, that impedes the process of finding solutions to a problem, including cognitive biases, lack of resources, or inadequate information.
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