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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a survey of top executives,it was found that 46% had either traveled internationally on business or could fluently speak a foreign language.The probability that an executive who had not traveled internationally could speak a foreign language was 10%.It was found that only 4% of the executives had traveled internationally and could speak a foreign language.
-What is the probability that an executive has not traveled internationally and could speak a foreign language fluently?
Three-Part Test
A methodological framework consisting of three criteria used to evaluate the validity, legality, or effectiveness of something.
Tendered Performance
The act of offering or presenting for acceptance a performance of obligations under a contract.
Minor Contractual Term
A less important condition or provision of a contract that does not go to the heart of the agreement.
Anticipatory Breach
A situation where one party indicates by words or actions that they will not fulfill their contractual obligations.
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