Examlex
A biology quiz consists of 10 multiple-choice questions. 5 must be answered correctly to receive a passing grade. If each question has 4 possible answers, of which only one is correct, what is the probability that a student who guesses at random on each question will pass the examination?
Breach Of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract.
Special Damages
Compensatory damages that cover specific, quantifiable financial losses suffered by a plaintiff, such as medical bills or lost wages, due to the defendant's wrongdoing.
Incidental Damages
Damages that compensate for expenses directly incurred because of a breach of contract, such as those incurred to obtain performance from another source.
Rescind The Contract
The legal action of canceling or nullifying a contract, effectively terminating the agreement and releasing the parties from their obligations.
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