Examlex
A pitcher throws a baseball with a velocity of 27 m/s.After being struck by a bat the ball travels in the opposite direction with a velocity of 40 m/s.If the ball has a mass of 0.11 kg and is in contact with the bat for 3.0 ms,the average force exerted by the bat on the ball is
Fair Market Value
An estimate of the market value of a property or asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.
Statute of Frauds
A legal concept that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.
Orally Agree
To come to a mutual decision or arrangement through spoken words rather than written documents.
Contract Rescission
The legal act of canceling a contract and returning the parties involved to their positions before the contract was signed.
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