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If the Population Variance σ2 Is Unknown,a Sample Variance S2

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If the population variance σ2 is unknown,a sample variance s2 is a better estimator of σ2 if the denominator is s2 formula is (n - 1)rather than n.

Understand how the power of avoidance in a contract can be lost and the legal effects.
Identify the circumstances under which specific performance and injunctions might be awarded.
Know the legal consequences of failing to perform contractual obligations as agreed.
Understand how the statute of frauds and the rule in Hadley v. Baxendale influence contract enforcement and remedy availability.

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