Examlex
A manufacturer of computer disks has a historical defective rate of .001.What is the probability that in a batch of 1000 disks,2 would be defective?
Drawer of Cheque
The person who writes or issues a cheque, instructing a bank to pay a specific amount of money from the drawer’s account to the party named on the cheque.
Breach of Contract
An occurrence when one party does not honor a commitment or fails to perform any term of a contract without a legitimate legal excuse.
Undue Influence
Pressure from a dominant, trusted person that makes it impossible for a party to bargain the terms of a contract freely.
Negotiable Instruments
Substitutes for money that bestow unique benefits; vehicles for conveniently transferring funds or advancing credit.
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