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On cold mornings, the probability that David's car won't start is 0.22. When it doesn't start, he takes the bus and is late for work. When it does start, he drives to work on the freeway. Sixty-five percent of the time the freeway is clear, and he gets to work on time. The rest of the time he is late. Simulate 10 consecutive days' worth of trips to work using the random numbers given (use the smaller numbers to represent "car won't start" and "freeway clear") .
Random numbers:
How many times is David late for work?
Liquidated Damages
A predetermined sum agreed upon by the parties to a contract to be paid as compensation in the event of a breach.
UCC
stands for the Uniform Commercial Code, a set of laws that provide legal standards and regulations for commercial transactions in the United States.
Non-breaching Seller
A seller who has complied with the terms of a contract and has not violated any conditions or obligations.
Withhold Delivery
The act of intentionally not delivering goods or services that are part of a contractual agreement.
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