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Assuming Coffee and Cola Are Substitutes, If the Price of Coffee

question 411

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Assuming coffee and cola are substitutes, if the price of coffee rises


Definitions:

Preponderance of the Evidence

The standard of proof in most civil trials, requiring that the evidence presented by one side be more convincing than the evidence presented by the other side.

Standard of Proof

The level of certainty and the degree of evidence necessary to establish proof in a legal proceeding or trial.

Service of Process

The procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party.

Deposition

A pretrial sworn and recorded testimony of a witness that is acquired out of court with no judge present.

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