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A simple electrical motor has three components: windings, armature, and housing. These three components have reliabilities of .9998, .9992, and .9999. There is no possibility of redundant parts. What is the reliability of the motor? Round your answer to four decimal places.
Personal Liability
The legal responsibility of an individual to settle debts or obligations from their own assets, rather than those protected by a corporation or limited liability entity.
Business Debts
Obligations that a business incurs as a result of operating activities, including loans, accounts payable, and any other form of borrowed money.
No Personal Liability
A legal principle that protects individual actors within a corporation or legal entity from bearing personal financial responsibility for the entity's liabilities.
Agency Relationships
A legal arrangement where one party, the agent, acts on behalf of another party, the principal, in transactions with third parties.
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