Examlex

Solved

A Ball Is Drawn from a Bag Containing 16 Red

question 16

Multiple Choice

A ball is drawn from a bag containing 16 red balls numbered 1-16 and 12 white balls numbered 17-28. What is the probability that the ball is white W and odd-numbered O? ​


Definitions:

Liquidated Damages

Pre-determined compensation agreed upon by parties in a contract for specific breaches, particularly delays.

Actual Damages

Compensation awarded to a plaintiff in a lawsuit for actual harm or loss incurred, as opposed to punitive or speculative damages.

Unenforceable

Describes a contract or agreement that, due to certain defects or limitations, cannot be legally upheld or compelled by a court.

Convention on Contracts

An international agreement or treaty that establishes uniform rules for commercial contracts between parties from different countries.

Related Questions