Examlex

Solved

A Disclosed Principal Is a Principal Whose Identity Is Not

question 27

True/False

A disclosed principal is a principal whose identity is not known by the third party at the time the contract is made by the agent.


Definitions:

Plus Four Estimate

A technique in constructing a confidence interval that adds four to the sample size (two successes and two failures) for estimating proportions with small samples.

Standard Error

A measure of the dispersion of sample mean estimates from the population mean.

True Proportion

The actual proportion of a particular outcome within the entire population.

Confidence Interval

An estimated range of values calculated from a given set of sample data, intended to offer a degree of certainty that a population parameter lies within it.

Related Questions