Answer:
There are 3 main types of tort; intentional tort, negligence tort and strict liability
Explanation:
By definition, a tort is a civil offense against another person. The victim who suffers in that offense can sue for damages, get represented by a lawyer and receive a compensation. There are 3 main types of tort; intentional tort, negligence tort and strict liability. Tort laws are followed when making a decision whether to hold a person legally responsible for the breach against another, and the type of compensation the injured party receives.An intentional tort for example is a civil offense committed when a person engages in intentional conduct that results in damages to another.
Scarcity is to not have enough resources to fullfil a societies wants and needs. The 3 basic questions a society must ask inorder to deal with this are. what to produce? how to produce? and, for whom to produce? whoever answers those questions is how I societies economic system is decided. Though to answer your question in short, the basic goal of a society is to deal with scarcity, they achieve this by producing as much resources as possible with the little resources available.
Answer:
0.0139
Explanation:
Given that:
The number of sample (n) = 21
The sample distribution has mean (μ) and a standard deviation of σ/√n
The z score is given as (x - mean)/ standard deviation
x = 94.8 wpm, let us assume that σ = 10 and μ = 90
Therefore: z = (x - μ) / (σ/√n) = (94.8 - 90) / (10/√21) = 2.2
To calculate the probability using Z table:
P(X>94.8) = P(Z>94.8) = 1 - P(Z<94.8) = 1 - 0.9861 = 0.0139
The probability is low that is less than 0.05, the program is more effective than the old one.
Answer:
d) Quantify potential credit losses
Explanation:
Credit risk is the possibility of a loss happening because of a borrower's failure to payback a loan or meet up with contractual obligations. The overaching purpose of credit risk analysis is the quantification of the level of credit risk that the borrower poses to the lender. The purpose of credit analysis is to determine if borrowers are credit worthy by quantifying the risk of loss that the lender may experience.
Therefore option D is the answer.
