Which of the Following Best Defines an Expressed Contract

question 3

Multiple Choice

Which of the following best defines an expressed contract?

• A)Agreement is shown through inference by signs,inaction,or silence.
• B)Agreement is entered into orally (clearly stated)or in writing.
• C)Failure to comply with the terms of the agreement
• D)All of the above

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Definitions:

Confidence Interval

A range of values, derived from the statistics of observed data, that is likely to contain the value of an unknown population parameter.

Mean

The average of a set of numbers, calculated by dividing the sum of all values by the number of values.

Population Standard Error

A measure of the dispersion of sample means around the population mean.

Confidence Interval

Values range, derived from the examination of a sample, expected to enfold the value of a concealed population parameter.