Hal Contracts with Credit Services,Inc

question 51

Multiple Choice

Hal contracts with Credit Services,Inc.(CSI) ,to pay $500 for its serv-ices.After CSI performs,they sign an accord,in which Hal promises to pay $400 within ten days instead of the $500.Hal does not pay.CSI can sue Hal under

• A)neither the accord nor the contract.
• B)the accord only.
• C)the accord or the contract.
• D)the contract only.

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Definitions:

Normal Model

A theoretical distribution with a bell-shaped curve, symmetrical about the mean, used in statistics to describe how values of a variable are spread or distributed.

Top 2.5%

Referring to the upper echelon or highest-performing individuals or entities, specifically those in the 97.5th percentile and above.

Normal Model

A probability distribution characterized by its symmetry about the mean, revealing that data is more frequently found near the mean than at greater distances from it.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values.