Exhibit 1A-2 Straight Line

question 106

Multiple Choice

Exhibit 1A-2 Straight line
In Exhibit 1A-2, explain the slope of straight line CD.

• A) As the X value increases by 20, the Y value increases by 5, so the slope is 4.
• B) As the Y value increases by 5, the X value increases by 20, so the slope is 1/4.
• C) As the X value increases by 10, the Y value increases by 5, so the slope is 2.
• D) As the Y value increases by 5, the X value increases by 10, so the slope is 1/2.

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Definitions:

Assignment

The transfer of rights, property, or duties from one party to another.

Delegation

The act of assigning responsibility or authority to another person to carry out specific duties.

Third-Party Beneficiary

An individual or entity that, while not a direct party to a contract, is intended by the contracting parties to benefit from it.

Novation

The act of replacing an existing contract with a new one, involving a different obligation or party.