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Aluminum castings are processed in lots of five each.A sample of two castings is randomly selected from each lot for inspection.A particular lot contains one defective casting; and x is the number of defective castings in the sample.P(x=1) is _______.
Tanker
A large vessel designed for transporting liquid cargo, such as oil, gas or chemicals.
Oral Contract
An agreement between parties that is made through spoken words and promises rather than in writing, yet is legally binding.
Unilateral Mistake
A misunderstanding where one party to a contract is mistaken about a basic assumption on which the contract is based.
Rescinded
Revoked, canceled, or repealed, usually by official or formal action.
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