A Boat Takes a Long Trip Traveling 75 Miles Downstream

question 110

Multiple Choice

A boat takes a long trip traveling 75 miles downstream in 5 hours. The return trip upstream takes hours. Let b be the rate of the boat in still water in miles per hour and let c be the rate of the current in miles per hour. Solve the system by the method of substitution.

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Definitions:

Incorporated

The process of legally declaring a corporate entity as separate from its owners, providing it with certain legal rights and responsibilities.

Veil Will Be Pierced

A legal principle that allows for the corporate structure to be disregarded, exposing the shareholders to personal liability, typically in cases of fraud or when the corporation is a sham.

Separate Legal Entities

A status whereby a business is legally considered an independent entity from its owners, allowing it to own property, incur debt, sue, and be sued.

Minimum Contacts Test

A legal standard used to determine whether it is appropriate for a court in one jurisdiction to assert personal jurisdiction over a defendant from another jurisdiction.