Which of the Following Is NOT True About Privatization

question 42

Multiple Choice

Which of the following is NOT true about privatization?

• A) Where employees lacked collective bargaining rights in the public sector,privatization of their jobs has provided many of them with the opportunity to be represented by a union in the private sector.
• B) Privatization of public-sector jobs was begun in the 1980s under the Reagan administration.
• C) The Bush administration has proposed privatizing up to half of all federal public-sector jobs.
• D) Public-sector jobs are more likely to be privatized when the public sector union-management relationship is adversarial.
• E) The private sector cannot enter into contract with government agencies.

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Definitions:

Capacity

The legal ability or competency of an individual or entity to enter into binding contracts, including being of legal age and sound mind.

Delegable Obligations

Responsibilities or duties that can be transferred from one party to another, typically within a contract or legal agreement.

Authorized Agent

an individual or entity that has been legally empowered to act on behalf of another person or entity in business transactions or legal matters.

Express Authority

Power granted to an agent by explicit instructions from the principal, either verbally or in writing, defining the agent's tasks or limits.