A broker representing a seller who discovers that the buyer is signing as a corporation should take all necessary steps to ensure that the contract is valid
. These steps may include confirming the corporation's existence, obtaining a resolution from the board of directors, and obtaining a power of attorney. However, getting a personal guarantee of performance from the signer is not necessary.
When a buyer signs as a corporation, it is important for the broker to verify the validity of the corporation and ensure that the signatory has the authority to bind the corporation to the contract. The broker should confirm that the corporation is in existence and in good standing. In addition, the broker should obtain a resolution from the board of directors that authorizes the signing of the contract. This resolution should be in accordance with the corporation's bylaws and state law. The broker may also obtain a power of attorney to ensure that he or she has the authority to negotiate and sign on behalf of the corporation.
However, getting a personal guarantee of performance from the signer is not necessary as the corporation is a separate legal entity from the signatory. A personal guarantee is typically used when an individual, rather than a corporation, is signing the contract. Therefore, it is important for the broker to take all necessary steps to ensure that the contract is valid when the buyer is signing as a corporation.
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Benefits of internal control system in auditing
An internal control system is a crucial component in ensuring the accuracy and integrity of financial information.
It is a process that helps an organization achieve its goals by safeguarding its assets, ensuring compliance with laws and regulations, and promoting efficient operations. The benefits of implementing an internal control system in auditing are numerous.
Firstly, an internal control system helps to detect and prevent errors and fraud in financial transactions. This is important because it helps to maintain the integrity of financial records, which in turn helps to build trust and confidence in the organization.
Secondly, an internal control system helps to improve the efficiency of operations. This is achieved by ensuring that the processes and procedures are followed consistently, which minimizes errors and delays. Thirdly, an internal control system helps to ensure compliance with laws and regulations.
This is important because non-compliance can result in penalties, fines, and even legal action. Overall, an effective internal control system is critical in ensuring the accuracy and reliability of financial information. It helps to detect and prevent errors and fraud, improves operational efficiency, and ensures compliance with laws and regulations.
Implementing an internal control system is a worthwhile investment for any organization that wants to safeguard its assets and maintain the trust of stakeholders.
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sean conroy, owner of conroy and associates, withdrew $5,000 cash. this transaction would be recorded with a debit entry on the left-hand side of which account:
The transaction of Sean Conroy withdrawing $5,000 cash would be recorded with a debit entry on the left-hand side of the "Cash" account.
In accounting, a "debit" entry on the left-hand side of an account indicates an increase in the account balance, while a "credit" entry on the right-hand side of an account indicates a decrease in the account balance.
In this case, Sean Conroy withdrew $5,000 in cash, which means that the cash balance in his business would decrease. Therefore, the transaction would be recorded with a credit entry on the right-hand side of the Cash account.
To balance the transaction, a debit entry for $5,000 would be made on the left-hand side of another account, typically an expense account or an equity account.
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What was one effect of these actions on the united states? question 5 options: the signing of the treaty of guadalupe hidalgo international criticism of the monroe doctrine the expansion of manufacturing increased profits from international commerce.
One effect of these actions on the United States was the international criticism of the Monroe doctrine. Option B.
What was the Monroe doctrine?The Monroe Doctrine eventually became a cornerstone of American foreign policy, while being at first ignored by the European superpowers. In 1823 U.S. James Monroe declared the United States to be the defender of the Western Hemisphere and forbade other European nations from acquiring more lands in the Americas.
The United States would pledge not to get involved in conflicts between European powers and to refrain from meddling in the internal affairs of European states. 2. The United States would acknowledge the current European colonies in the Western Hemisphere and refrain from meddling in their internal affairs.
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Randall describes his job this way.
"I visit different office buildings and service heating and cooling units that are not working properly."
Which of the Construction industry careers is Randall most likely part of?
O Landscaping
O Construction
O Maintenance/Operations
O Design/Pre-Construction
Help now please
Answer:
It is most likely c
Explanation:
Answer:
The correct answer is C.
Explanation:
Randall is most likely part of Maintenance/Operations.
Hopefully, this helps! :D
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what's predictive analytics?
Predictive analytics is a branch of advanced analytics that uses current and historical data to forecast activity, behavior and trends.
Predictive analytics is a powerful tool for businesses to identify potential opportunities and risks, optimize customer relationships, and improve decision-making. It uses current and historical data to forecast activity, behavior, and trends using a variety of statistical techniques from data mining, predictive modeling, and machine learning. Predictive analytics can help businesses anticipate customer financial statements needs and make more informed decisions, allowing them to stay ahead of the competition and maximize profits. Additionally, predictive analytics can be used to optimize processes and increase efficiency, as well as to identify potential areas of growth and new opportunities. In short, predictive analytics is an invaluable tool for businesses of all sizes that can help them make more informed decisions, increase profits, and stay ahead of the competition.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
nlg gers number yes 34 to yes
Answer:
Umm what are u trying to get 34 to
Which of the following is a Breakthrough innovation
Not yet answered
O a. A car
Marked out of 2.00
Ob. BOSS Perfume
Flag question
Oc IPhone 11
Od. All the option
It is not possible to determine the specific breakthrough innovation without further context or information about the advancements or unique features of each option.
The question presents several options (a car, BOSS Perfume, iPhone 11) without providing any specific criteria or context for evaluating them as breakthrough innovations. Without further information about the advancements, unique features, or impact of each option, it is not possible to definitively identify which one qualifies as a breakthrough innovation. A breakthrough innovation typically involves a significant leap forward in technology, design, functionality, or market disruption that introduces a new paradigm or solves a critical problem in a revolutionary way. It is important to consider the specific characteristics and transformative nature of each option to determine if any of them meet the criteria of a breakthrough innovation.
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Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2021, she sells the following long-term assets used in her business: Asset Sales Price Cost Accumulated Depreciation Building $ 232,800 $ 202,800 $ 54,800 Equipment 82,800 150,800 25,800 Lily's taxable income before these transactions is $193,300. What are Lily's taxable income and tax liability for the year
Lily’s taxable income for the year is $235,900, and her tax liability for the year is $45,152.50.
Calculation of taxable income and tax liabilityNote: See the attached photo for the proper arrangement of the table in the question.
These can be calculated as follows:
Profit on building = Sales price of building – (Cost of building – Accumulated Depreciation of building) = $232,800 – ($202,800 - $54,800) = $84,800
Loss on equipment = (Cost of equipment – Accumulated Depreciation of equipment) - Sales price of equipment –= ($150,800 - $25,800) - $82,800 = $42,200
Net profit = Profit on building - Loss on equipment = $84,800 - $42,200 = $42,600
Taxable income before transaction = $193,300
Total taxable income = Taxable income before transaction + Net profit = $193,300 + $42,600 = $235,900
In line with the tax rules, we have:
Tax Liability = ((Taxable income before transaction - $85,650) * 28%) + ((17,442 + Net profit) *25%) = (($193,300 - $85,650) * 28%) + (($17,442 + $42,600) *25%) = $45,152.50
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you have $13,000 to invest in a stock portfolio. your choices are stock x with an expected return of 15 percent and stock y with an expected return of 9 percent. assume your goal is to create a portfolio with an expected return of 12.35 percent. how much money will you invest in stock x and stock y?
To achieve a portfolio with an expected return of 12.35%, you should invest $8,905 in Stock X and $4,095 in Stock Y.
How to determine the amount of money for investmentTo create a portfolio with an expected return of 12.35%, you'll need to determine the proportion of your $13,000 investment allocated to Stock X and Stock Y.
Using the weighted average formula, you can set up the equation:
(Weight of Stock X * Expected Return of Stock X) + (Weight of Stock Y * Expected Return of Stock Y) = Portfolio Expected Return
Let the proportion invested in Stock X be represented as "a" and the proportion invested in Stock Y be "b."
Therefore, a + b = 1.
Using the given values, the equation becomes:
(0.15 * a) + (0.09 * b) = 0.1235
Since a + b = 1, you can solve for b:
b = 1 - a.
Substitute this into the equation: (0.15 * a) + (0.09 * (1 - a)) = 0.1235
Solving for "a," you get a = 0.685.
Therefore, b = 1 - 0.685 = 0.315.
Now, multiply the proportions by your total investment:
Investment in Stock X = 0.685 * $13,000 = $8,905
Investment in Stock Y = 0.315 * $13,000 = $4,095
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if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.
Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.
Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.
From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.
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Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.
Should Gidgits Galore entice much sought-after employees with generous benefits?
no
yes
Answer:
Yes
Explanation:
Edge 2021
Answer:
YES edge 2023
Explanation:
match each term with the correct definition. a. an institution that brings buyers and sellers together (click to select) b. the right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property (click to select) c. the presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit (click to select) d. the freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice (click to select) e. what each individual or firm believes is best for itself and seeks to obtain (click to select) f. economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off (click to select) g. the freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate (click to select)
Match each term with the correct definition below.
a. Market: An institution that brings buyers and sellers together.
b. Property rights: The right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property.
c. Competition: The presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit.
d. Freedom of enterprise: The freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice.
e. Self-interest: What each individual or firm believes is best for itself and seeks to obtain.f. Voluntary exchange: Economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off.g. Freedom of choice: The freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate.
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how does cost-benefit analysis help make economic decisions?
Cost-benefit analysis (CBA) is a tool that helps make economic decisions by comparing the costs and benefits of a particular project or policy.
CBA helps to identify the net benefits of a project or policy by subtracting the costs from the benefits. This allows decision-makers to see whether the benefits of a project or policy outweigh the costs and whether it is worth investing in or implementing. By using CBA, decision-makers can make informed choices about how to allocate resources and can ensure that they are using them in the most efficient and effective way possible.
CBA is a quantitative tool that helps decision-makers to weigh the costs and benefits of different options, it also helps to identify potential trade-offs and helps to prioritize among alternative options. It is widely used by government agencies, private organizations, and international bodies to evaluate the impact of proposed projects and policies.
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For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of , net cash used by investing activities of , and net cash provided by financing activities of . Sparks plans to spend to add a warehouse for its operations and pays in cash dividends. What is the amount of free cash flow?
Answer: C) $40,000
Explanation:
The free cash flow to a company is that amount of cash that it has generated from its operations that it can therefore use to purchase assets and pay off dividends.
Cash from operations = $328,000
Dividends = $31,000
Spending on warehouse (asset) = $257,000
Free cash flow = 328,000 - 257,000 - 31,000
= $40,000
Write a sentence with a word Inflation rate:
Hello, A sentence using the word "Inflation rate" is:-
The inflation rate is levelling up in the case of petrol.
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The intended audience for your résumé is a potential employer.
False
True
Answer:
True
Explanation:
False, it’s actually not just for hiring a potential employee, but its audience is ‘hiring a manager or recruiter.’ The recruiter works for the employee, and yet the manager is somewhat of a higher rank.
anything that gives a firm a lead over its rivals is called ________.
Anything that gives a firm a lead over its rivals is called a competitive advantage. Competitive advantage refers to any aspect of a business that enables it to perform better than its competitors. It could be in terms of pricing, quality, branding, customer service, innovation, or any other factor that sets a business apart from its rivals.
Having a competitive advantage is essential for the survival and growth of any business. It helps to attract and retain customers, increase market share, and generate higher profits. There are two types of competitive advantages - cost advantage and differentiation advantage. Cost advantage refers to a business's ability to produce goods or services at a lower cost than its competitors, while differentiation advantage refers to a business's ability to offer unique and superior products or services.
In conclusion, having a competitive advantage is critical for the success of any business. It allows the business to stand out in a crowded market and gain a significant share of the market. By focusing on developing and maintaining a competitive advantage, businesses can ensure their long-term growth and profitability.
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Jonah had $25 to spend. He
decided to buy a new shirt
instead of going to the
amusement park with his
friends, Jonah has: purchased a
service, made an economic
tradeoff, made a poor
economic decision, or ignored
the concept of scarcity
Answer:
ignored the concept of scarcity
Which clause in the deed of trust and georgia security deed is the equivalent of the defeasance clause in the mortgage?
The clause of Reconveyance in the deed of trust and Georgia security deed is the equivalent of the defeasance clause in the mortgage. A deed of reconveyance is a legal document that indicates the transfer of title to a property from a lender to a borrower. A reconveyance deed is usually issued after the borrower has paid off their mortgage in full.
Some states don't use mortgages but use deeds of trust. These deeds document the information on how much is being borrowed, by whom, and from whom. As per your state, you may get what’s called a full reconveyance, which is a notarized document signed by the trustee.
Also depending on your state, you may get a satisfaction of mortgage document instead of a deed of reconveyance. If you receive a deed of reconveyance, full reconveyance, or satisfaction of the mortgage document, it means that your loan has been paid in full and the lender no longer has an interest in your property. With your mortgage or deed of trust paid off, you can't be foreclosed on by the financial institution.
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Explain the difference between employment relationship and employment relations. Provide relevant examples to support your answer.
Employment relationship refers to the legal connection between an employer and an employee.
Employment RelationshipThe employment relationship, as previously stated, refers to the legal bond between an employer and an employee. It's a basic arrangement that entails the following elements:
a) Employer: The employer is someone who offers the job to the employee. Employers are required by law to offer employment contracts that describe the nature of the job, the wages paid, the working hours, the leave entitlements, and other related information.
b) Employee: An employee is a person who provides labor services in return for payment. Employees have the right to fair and equal treatment, as well as protection against discrimination and dismissal. Employers, on the other hand, expect employees to be reliable, punctual, and professional.
c) Contract of Employment: The employment contract outlines the terms and conditions of the relationship between the employer and the employee. The agreement includes the services to be provided, the compensation, the benefits, and other key terms. Both parties' obligations and responsibilities are set forth in the contract of employment. The employee has an obligation to perform the job in accordance with the requirements, while the employer has a responsibility to provide a safe and healthy working environment, as well as timely pay and other benefits. These interactions may be formal or informal, and they may be characterized by negotiation, cooperation, or conflict. It provides a framework for addressing labor disputes and for determining wage rates and working conditions. Employment relations may also be characterized by conflicts, such as strikes or lockouts, that arise from disagreements over working conditions, wages, or other issues. These conflicts can be resolved through formal dispute resolution processes or through informal negotiations.
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Why would a person change their business status to a LLC?
A. To gain tax breaks
B. To limit their personal liability
C. To help obtain funding through the sale of stock
D. Because it is the easiest form for setting up your business
Answer:
A) to gain tax breaks
Explanation:
A common reason for changing a co. to an LLC is to avoid double taxation
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=65q Demand: p= -q² +7,500 The equilibrium quantity is q = at price p = $.
The equilibrium quantity is q = 50 units at a price p = $6,250.
To find the equilibrium quantity and price, we need to set the supply and demand functions equal to each other and solve for q (quantity) and p (price).
The supply function is given as p = 65q, which represents a linear relationship between price and quantity supplied. The coefficient of 65 indicates that for every unit increase in quantity, the price increases by $65.
The demand function is given as p = -q² + 7,500, which represents a quadratic relationship between price and quantity demanded. The negative coefficient of q² indicates that as the quantity demanded increases, the price decreases.
Setting the supply and demand functions equal to each other, we have:
65q = -q² + 7,500
Rearranging the equation and converting it into a quadratic equation form, we get:
q² + 65q - 7,500 = 0
By solving this quadratic equation, we find two potential values for q. However, since the demand function is a downward-sloping curve, we consider the positive value for q, which is q = 50 units.
Substituting this value back into either the supply or demand function, we can find the equilibrium price. Using the supply function, we have:
p = 65q
p = 65 * 50
p = $3,250
Therefore, the equilibrium quantity is q = 50 units, and the equilibrium price is p = $6,250.
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Pls i need this fast!! 30 pts!!
What quality assurance activity is a purchasing manager responsible for?
A. Inspecting the quality of goods received from a supplier
B. Ensuring that the product design process includes high-quality materials
C. Overseeing the daily operations of suppliers to ensure their compliance with quality standards
D. Responding to service calls from customers whose products have quality issues
Answer:
A is the answer
Explanation:
Since it is the purchasing managers job to find the best supplier it is also their job to assure that the supplier doesn't only give a better price do to quality cutbacks because it would cost consumer relations if this is a problem they would have to change suppliers.
Answer:
i took the quiz and A is the correct answer
Explanation:
Opponents of a project do not belong to the category of stakeholders. (True or False)
The given statement is False as they have a vested interest in the project's outcome and can be affected by its implementation.
Stakeholders are individuals, groups, or organizations that have a direct or indirect interest in a project or its outcomes. They can include various parties such as employees, customers, suppliers, shareholders, local communities, government agencies, and even opponents or critics of the project.
Opponents of a project are individuals or groups who express opposition, concerns, or disagreement with the project's goals, objectives, or potential impacts. They may have different perspectives, conflicting interests, or perceive potential negative consequences associated with the project.
While stakeholders typically encompass a broad range of individuals and groups, including those who support or are directly involved in the project, opponents are also recognized as stakeholders. Their viewpoints and concerns need to be considered and addressed to ensure effective stakeholder management and project success.
Engaging with opponents and understanding their perspectives can provide valuable insights, help identify potential risks or issues, and enable project managers to develop strategies to mitigate concerns, improve project outcomes, or address any negative impacts.
Recognizing opponents as stakeholders fosters transparency, inclusivity, and effective communication, which can contribute to better decision-making and project outcomes.
Therefore, opponents of a project do belong to the category of stakeholders, although they may have divergent interests or perspectives compared to other stakeholders.
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Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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1. Which of the following BEST defines a down payment?
1. A down payment is a portion of the purchase price that increases the loan amount.
2. The down payment is the good faith escrow deposit.
3. A down payment is a portion of the purchase price that reduces the loan amount.
4. The down payment is the total amount borrowed for purchasing or leasing a car.
Answer:
3
Explanation:
It has to be this one because it is intial payment to help someone.
1. Assume that Alice wants to send Bob a message with the confidence that Bob will know the message was not altered while in transit. What goal of cryptography is Alice trying to achieve? And how can it be achieved?
Alice is trying to achieve the goal of ensuring message integrity through cryptography. Message integrity ensures that the message remains intact and has not been altered during transit.
To achieve message integrity, Alice can use a cryptographic technique called message authentication codes (MACs) or digital signatures.
Message Authentication Codes (MACs): Alice can generate a MAC for the message using a symmetric key shared with Bob. The MAC is a small piece of data generated using a cryptographic hash function and the shared key. Alice appends the MAC to the message before sending it to Bob. Upon receiving the message, Bob recalculates the MAC using the same key and verifies that it matches the MAC sent by Alice. If the MACs match, Bob can be confident that the message has not been tampered with.
Digital Signatures: Alternatively, Alice can use digital signatures, which provide message integrity along with authentication. Alice generates a digital signature for the message using her private key (part of a public-private key pair). The signature is unique to the message and provides a cryptographic proof of its integrity. Alice sends both the message and the digital signature to Bob. Upon receiving the message, Bob uses Alice's public key to verify the signature's authenticity and integrity. If the signature is valid, Bob can be confident that the message is unaltered and originated from Alice.
Both MACs and digital signatures provide cryptographic mechanisms to achieve message integrity and assure Bob that the message has not been modified during transit. The choice between MACs and digital signatures depends on the specific requirements and security context of the communication scenario.
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What information do consumer reporting agencies provide banks and lending businesses for a person's credit history when a person applies for a loan?
Select all that apply. Thanks!
Employment
Email I.D. and password
Product preference
Bankruptcy history
Debt
Relationship history
Current and past loans