Which of the Following Is Not Required in a Valid

question 19

Multiple Choice

Which of the following is not required in a valid simple contract?

• A)Offer and acceptance.
• B)A signed document.
• C)Consideration.
• D)An intention to create legal relations.
• E)A and B only.

Recognize the legal and ethical considerations in union-management relations, particularly regarding workers' rights to organize and negotiate collectively.

Understand the process and significance of collective bargaining, including the steps and key components involved.

Distinguish between the different types of union security arrangements and their implications for workers and employers.

Appreciate the importance of the grievance procedure in addressing labour disputes and maintaining labour relations.

---

Definitions:

Government Price Ceiling

A legally imposed maximum price on goods or services to prevent prices from rising too high, often leading to shortages.

Market

A place or mechanism where buyers and sellers come together to trade goods, services, or financial instruments.

Inefficiency

A lack of productivity or effectiveness in the use of resources, often leading to waste.

Alternative Work Sites

Refers to workplace options outside the traditional office setting, such as remote work, telecommuting, or flexible working locations.