An Obligation Is Enforceable Only If It Is Supported by Past

question 1

True/False

An obligation is enforceable only if it is supported by past consideration.

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Definitions:

Continuum

A continuous sequence or range of values where there is no clear division between one state and the next.

Standard Normal Random Variable

A normal distribution with a mean of zero and a standard deviation of one, used in statistical analysis.

P

In statistics, typically refers to the p-value, which measures the probability of observing a statistical summary as extreme as the one observed, under the null hypothesis.

Normal Random Variable

A variable that follows a normal distribution in its value distribution.