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Scenario: Rita and Mike have been caught cheating on an examination. They are taken to separate rooms for interrogation. Their payoff matrix is given below. The first outcome listed in each cell is the payoff to the row player, and the second outcome listed is the payoff to the column player.
-Refer to the scenario above.Which of the following is likely to happen if Rita does not confess?
Liability
A legal responsibility or obligation that arises from actions, claims, or debts.
Delegation
The act of transferring responsibility and authority from one person or group to another.
Assignment
An assignment involves the transfer of rights or property from one party to another, typically related to contracts, but also applicable in other legal contexts.
Third-Party Beneficiary
An individual or group that stands to benefit from a contract made between two other parties, even though they are not a direct party to the contract.
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