All agreements are not contractsIf an agreement is incapable of creating a duty enforceable by law. It is not a contract. Thus an agreement is a wider term than a contract. On the other hand, legal agreements are contracts because they create legal relations between the parties.
A construction firm has bid on two different contracts. let a1 be the event that the bid on the first contract is (ndp)successful, and a2 be the ever it that then(kbnw) bid on the second contract is success(vkd) suppose that p(a1) = 0.4, p(a2) = 0.3, and that a1 and a2 are independent events. what is the probability that the firm is successful in at least one of the two bids?
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Answer:
All agreements are not contracts
All agreements are not contractsIf an agreement is incapable of creating a duty enforceable by law. It is not a contract. Thus an agreement is a wider term than a contract. On the other hand, legal agreements are contracts because they create legal relations between the parties.
Explanation:
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Answer:
A construction firm has bid on two different contracts. let a1 be the event that the bid on the first contract is (ndp)successful, and a2 be the ever it that then(kbnw) bid on the second contract is success(vkd) suppose that p(a1) = 0.4, p(a2) = 0.3, and that a1 and a2 are independent events. what is the probability that the firm is successful in at least one of the two bids?
Explanation:
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