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When a Correlation Is Observed Between Two Variables,it Is Possible

question 26

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When a correlation is observed between two variables,it is possible that one variable is causing the other.


Definitions:

Liquidated Damages

A predetermined amount of money that parties to a contract agree upon as compensation in case of a breach of the contract.

Reasonably Related

A connection or relevance between two or more things that is fair, sensible, or logical.

Compensatory Damages

Monetary awards given to a plaintiff to compensate for loss, damage, or injury suffered due to another's breach of duty or negligence.

Implied Warranty

A legal guarantee that a product will meet certain standards of quality and reliability even if not explicitly stated in a contract.

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