Which of the Following Would Generally NOT Be a Cause

question 48

Multiple Choice

Which of the following would generally NOT be a cause to adjust standard cost rates in a service industry?

• A)wage rate increase for the cleaners
• B)electricity charges from the municipality
• C)salary increases for management
• D)cleaning supplies increases from suppliers

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise when the other party has reasonably relied on that promise to their detriment.

Unilateral Contracts

Agreements in which one party makes a promise in exchange for the other party's performance, not a promise in return.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise if the other party has reasonably relied on that promise to their detriment.

Revocation

The act of withdrawing, repealing, or cancelling a right, permission, or contract.