When Activity Times Are Uncertain,an Activity's Most Likely Time Is

question 13

True/False

When activity times are uncertain,an activity's most likely time is the same as its expected time.

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Definitions:

Gratuitous Agent

An individual who acts on behalf of another without receiving any compensation or benefit for their services.

Making a Contract

The process of creating a legally binding agreement between parties, involving offer, acceptance, and consideration.

Family Business

A commercial organization in which decision-making is influenced by multiple generations of a family related by blood or marriage.

Minor

A minor is a person who is under the age of legal majority, and thus is considered incapable of certain legal decisions and responsibilities.