Which of the Following Statements Is False

question 11

Multiple Choice

Which of the following statements is false?

• A) One way to reduce costs is to increase productivity.
• B) Increased productivity can lead to higher manufacturing costs.
• C) Increased productivity is a concern for nations throughout the world.
• D) Productivity is expected to improve as more economic activity is transferred to the Internet.
• E) Productivity growth enables American business firms to compete more effectively with other nations in a competitive world.

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Definitions:

Obligor

The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.

Assignee

A person or entity to whom rights or interests have been transferred by another, usually under the terms of a contract.

Voluntary

An action undertaken by an individual's free will without coercion or external pressure.

Consideration

In contract law, consideration refers to something of value exchanged between parties as part of an agreement, serving as the necessary element for a valid contract.