Examlex
Recently the State Fish and Game planted several thousand tagged fish in a local river. The mean length of these fish, which constitute a population, is 12.6 inches. Yesterday, fishermen caught 100 of these tagged fish. You could expect that the mean length for these fish would be 12.6 inches as well since they come from the population.
Statute Of Limitations
Refers to the maximum period one can wait before filing a lawsuit, varying by the type of legal claim.
Alteration Of Contract
The process of modifying the terms and conditions of a contract, which can be done by mutual agreement of the parties involved or under certain conditions specified by law.
Decree Of Bankruptcy
A formal declaration by a court that declares a person or organization as insolvent, unable to pay their debts.
Liquidated Damages
A predetermined amount of money stipulated in a contract that one party will pay to the other in case of a breach.
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