Answer:
<em>B. Yes, although it may be breached in most states if there is a court order to do so.</em>
Explanation:
<em>Duty of confidentiality is a provision that has been put in place in most states, to enable clients open up freely if they need help. This allows professionals to take whatever actions necessary to carry out full service delivery when helping the client. </em>Some of these details include health status, a client-lawyer case story, a social media's access to users' personal details, etc. The law prohibits professionals from disclosing information made available to them by the client to a third party. This duty is held by many professional bodies like the medical body, legal body, among others. <em>This duty can be broken by law in situations where the client sues the professional, or when there is a legal court order to do so</em>.
Answer:
54.9%
Explanation:
To calculate your debt to income ratio, you must add all your monthly debt payments and divide that number by your monthly gross income:
Timothy's total monthly debt payments = auto loan ($750) + student loan ($390) + mortgage ($1,700) + credit card ($125) = $2,965
Timothy's debt to income ratio = $2,965 / $5,400 = 54.9%
Timothy has too many debts, a good debt to income ratio shouldn't exceed 36-40%.
Answer: Product differentiation strategy
Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.
Hence Thomas should opt for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.
Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.
Answer:
B
Explanation:
Diversification reduces portfolio risk by eliminating unsystematic risk for which investors are not rewarded. Investors are rewarded for taking market risk. Because diversification averages the returns of the assets within the portfolio, it attenuates the potential highs and lows
