Explain the Significance of the Pattern String Used by the DecimalFormat

question 18

Essay

Explain the significance of the pattern string used by the DecimalFormat object,and give an example of a valid pattern.

---

Definitions:

Good Faith

An honest intention to act without taking an unfair advantage over another party, often underlying contractual obligations.

Implied Condition

A term in a contract that is not expressly stated but is assumed to exist to fulfill the contract's purpose.

Caveat Emptor

A Latin phrase meaning "let the buyer beware," which implies that the buyer assumes the risk about the quality and condition of the product being sold.

Retention of Deposit

The act of keeping an advance payment or security deposit until certain conditions are met, typically used in leasing or contracting scenarios.