Multiwire Branch Circuits Are Defined in NEC® Article 100 as a Branch

question 16

Multiple Choice

Multiwire branch circuits are defined in NEC® Article 100 as a branch circuit that consists of two or more_________ conductors that have a voltage between them, and a grounded conductor that has equal voltage between it and each ungrounded conductor of the circuit and that is connected to the neutral or grounded conductor of the system.

• A) "hot"
• B) grounded
• C) ungrounded
• D) semi-

Understand the rights of successive assignees under the Restatement.

Analyze the legal status and rights of third-party beneficiaries.

Comprehend the legal implications of revocability and irrevocability in assignments.

Recognize the role of consideration in the validity of an assignment.

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Definitions:

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to the other, potentially leading to imbalances in transactions and market failures.

Multi-Plant Firms

Companies that operate more than one production facility, often to increase output capacity or serve different geographic markets more efficiently.

Principal-Agent Framework

A theory that explores the challenges in motivations and conflicts of interest between a principal (such as an owner) and an agent (such as an employee) acting on the principal's behalf.

Incentive Compatibility

A concept in economics and game theory that occurs when the incentives align with the desired outcomes, ensuring that participants act in a way that leads to an optimal outcome for all involved.