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Hybrid vehicles are being discussed. Technician A says in a series hybrid the engine is there only to extend the vehicle's driving range. Technician B says in a parallel hybrid the electric motor and batteries are the main power source during normal driving conditions. Who is correct?
Insolvent
A financial state where an individual or entity cannot meet their debt obligations as they come due or has liabilities exceeding assets.
Fiduciary Duty
Fiduciary duty is a legal obligation of one party to act in the best interest of another when entrusted with certain responsibilities, primarily in financial matters.
Secretly Competes
When an individual or entity engages in competition against another party without their knowledge, often violating a trust or agreement.
Business Transaction
The process of buying, selling, or exchanging goods, services, or any kind of financial relation between businesses or between a business and a consumer.
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