A Coin Is Tossed Four Times

question 125

True/False

A coin is tossed four times. The joint probability that all four tosses will result in a head is ¼ or 0.25.

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Definitions:

Breach of Contract

The failure to fulfill the terms of a contract by one or more parties involved.

Injunction

A legal order issued by a court that directs an individual or entity to do or refrain from doing a specific action.

Contractual Duty

An obligation imposed by a contract that requires a party to act or refrain from acting in a certain way.

Liquidated Damage

An amount of money, agreed upon by parties in a contract, to be paid as compensation by one party to the other in the event of a breach of contract.