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It Is Often Costly,difficult or Even Impossible to Inspect an Entire

question 8

True/False

It is often costly,difficult or even impossible to inspect an entire sample.When that is the case,it is best to inspect the population.


Definitions:

Quantum Meruit

A legal principle meaning "as much as he has earned," used to determine compensation based on the value of services rendered when no contract price is agreed upon.

Valid Contract

A legally binding agreement between parties that meets all required elements, such as offer, acceptance, consideration, and lawful purpose.

Eliminates Need

Removes the requirement or necessity for something, making it unnecessary.

Valid Offer

A proposal made in terms which are clear enough to be accepted and form a legally binding contract.

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