To Increase Flexibility,avoid Layoffs,and Reduce Labor Costs,corporations Are Using More

question 92

True/False

To increase flexibility,avoid layoffs,and reduce labor costs,corporations are using more contingent workers.

---

Definitions:

Relaxation of Requirements

The easing or reduction of stringent rules, standards, or conditions, often to accommodate special circumstances.

Material Misrepresentation

A statement that is significantly untrue or misleading and, if known to be such, could have influenced the decision-making of a party in a contract or agreement.

Voidable

A legal term describing a transaction or agreement that is valid but may be annulled by one of the parties involved.

Statute of Limitations

A law which sets out the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.