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Vilka [71]
3 years ago
7

3. Andria, an attorney, has a personal injury case which is set for trial next week. She needs a good doctor to testify on behal

f of her client, so she contacts Dr. Wood who agrees to testify on behalf of Andria’s client at the trial. In return for Dr. Wood's testimony, Andria agrees to pay Dr. Wood $10,000 if they win the case, and $5,000 if they lose. Dr. Wood agrees. The agreement between Andria and Dr. Wood is unenforceable.
Business
1 answer:
Fittoniya [83]3 years ago
3 0

Answer

The agreement is contingent agreement and not the unenforceable.

Explanation:

Under a contingent agreement, certain actions are taken resulting from occurring or non-occurring of certain conditions. Here outcomes are dependent upon happening of events.

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Will the grading period effect what college you will go to later on?<br> A (True)<br> B (False)
Kobotan [32]

Answer: A

Explanation:

8 0
2 years ago
Read 2 more answers
A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard deliv
Elena L [17]

Answer:

Probability, P(n) = 3/8

Explanation:  Let standard delivery be S and express delivery be E.

I) When the parcels were sent:

S(n) = 75/100 and E(n) = 25/100

II) When the parcels arrived:

S(n)← = 80/100 and E(n)← = 95/100

The probability a record of a parcel delivery is chosen, P(n) = S(n)*E(n) + E(n)*S(n) = 75/100*25/100 + 25/100*75/100

P(n) = 3/16 + 3/16 = 6/16

∴ P(n) = 3/8

7 0
3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
NISA [10]

Answer:

A)0.67

Explanation:

Coefficient of variation can be regarded as the method that is usually devices in the assessment of the total risk per unit of return in a particular investment.

To calculate the investment's coefficient of variation, we use the expresion below

Coefficient of variation = standard deviation/expected return.

Given:

expected return = 15%

standard deviation = 10%.

Coefficient of variation =10/15

= 0.67

Hence, the investment's coefficient of variation is 0.67

7 0
2 years ago
All of the following statements regarding leases are true except _______.
dalvyx [7]

Answer:

I think its D

Explanation:

Hpe this helps.

8 0
3 years ago
Bayram had the opportunity to choose between two investments. The first investment was described as having a 30% chance of succe
DiKsa [7]

Answer:

a framing bias

Explanation:

Framing bias occurs when a person chooses an option based on whether it was presented in positive or negative terms. There is tendency to avoid risk on positive presentation, and seek risk on negative presentation. It is a form of cognitive bias.

On this scenario Bayram is to choose between two investments. One was said to have 30% chance of success and the other a 70% chance of failure.

Although both investments have the same risk and benefit Bayram chose the one that was presented as 30% chance of success.

This phenomenon of choosing based on positive presentation is called framing bias.

4 0
3 years ago
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