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The Probability of Ending Up in a State in the Future

question 49

Short Answer

The probability of ending up in a state in the future is ________ of the starting state.


Definitions:

Delegatee

A person or entity to whom duties, powers, or responsibilities have been transferred by a delegator.

Anti-Assignment Clause

A provision in a contract that prohibits the transfer of rights or delegation of duties to another party without prior consent.

Donee Beneficiary

A third party who benefits from a contract in which one party promises to give a gift or perform a service for another.

Incidental Beneficiary

An individual or entity that gains unintentional benefit from a contract to which they are not a party.

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