Examlex
A coin is tossed four times. The joint probability that all four tosses will result in a head is ¼ or 0.25.
Liability
Legal responsibility for one's actions or the obligation to make restitution for loss or damage.
Client
A person or organization receiving services or advice from a professional or company.
Liability for Negligence
The legal responsibility for harm caused by failing to act as a reasonable person would under similar circumstances.
Third Party Beneficiaries
Individuals or entities who are not parties to a contract but stand to benefit from its execution or its terms.
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