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A third party is an individual or entity that is involved in a transaction but is not one of the principals and has a lesser interest. An example of a third party would be the escrow company in a real estate transaction that acts as a neutral agent collecting the documents and money that the buyer and seller exchange when completing the transaction. As another example, if a debtor owes a creditor a sum of money and hasn't been making the scheduled payments, the creditor is likely to hire a third party, a collection agency, to ensure that the debtor honours his agreement.
A motorboat in still water travels at a speed of 40 km/hr. It goes 45 km upstream in 2 hour 15 minutes. The time taken by it to cover the same distance ...
A boat goes 5 km an hour in still water, but takes twice as much time in going the same distance against the current. The speed of the current (in km/ho...
A boy can swim a certain distance downstream in 3 hours and return in 5 hours. If the rate of stream is 6 kmph then what is the speed of boy in still wa...
The time taken by a boat to travel (5p + 60) km upstream is equal to the time taken to travel (8p - 40) km downstream. Given that...
If the sum of upstream and downstream speed is 24 km/hr and the speed of the current is 5 km/hr. Then find time taken to cover 51 km in downward?
A man can row at 36 km/hr in still water. In a stream which is flowing at 12 km/hr, it takes him 3 hrs to a place and back. How far is the place?
Speed of current is equal to 15% of speed of boat in still water. If the boat takes 3 hours to cover 120 km in still water, then find the time taken by ...
The speed of a boat in still water is 12 km/h and the speed of the current is 3 km/h. A person travels 270 kilometers in a boat in the upstream directio...
A boat takes 24 hours to cover 'q' km in still water. While traveling downstream, it takes 16 hours to cover (q - 80) km. If the speed of the boat in st...
Speed of a boat in still water to speed of boat in upstream is 12: 7. If the boat can travel 425 km in downstream in 5 hours, then find the time taken b...