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Write the resource constraints for this situation: Kim and Lynn produce tables (x) and chairs (y) . Each piece is assembled, sanded, and stained. A table requires two hours to assemble, three hours to sand, and three hours to stain. A chair requires four hours to assemble, two hours to sand, and three hours to stain. The profit earned on each table is $20 and on each chair is $12. Together Kim and Lynn spend at most 16 hours assembling, 10 hours sanding, and 13 hours staining.
Vicarious Liability
Legal responsibility assigned to an individual or entity for the actions of another, based on a particular relationship, such as employer-employee.
Ratification Manifest
The overt expression or demonstration of approval or confirmation of an act or agreement, often legally required for ratification.
Material Facts
Information that could influence the decision-making process of a person or entity, considered significant in the context of legal and financial transactions.
Apparent Authority
A legal doctrine allowing a third party to rely on the representation of an agent that they have the authority to act on behalf of a principal, even if the agent lacks actual authority.
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