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The Sea View Resort uses a multiple-channel queue registration system. If the average service time is 8 minutes, there are three registration clerks, and guests arrive at the rate of one every 5 minutes, find
a. and .
b.the probability all three clerks are idle.
c.the probability a guest will have to wait.
d.the average time a customer is in line.
e.the average number of customers in line.
Resulting Trust
An implied trust that arises when one party holds the legal title to another’s property only for that other’s benefit.
Probate
The legal process through which a deceased person's will is validated, and their estate is distributed to heirs and beneficiaries.
Constructive Trust
A constructive trust is an equitable remedy imposed by a court to address wrongful conduct, such as fraud or unjust enrichment, creating a fiduciary relationship over the property for the benefit of the wronged party.
Entitled
Having a legal right or a just claim to receive or do something.
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