Which of the Following Situations Is Most Likely to Have

question 33

Multiple Choice

Which of the following situations is most likely to have mechanisms for retraining workers in new technology?

• A)an informal sector firm in Malaysia
• B)a maquiladora
• C)a centrally planned factory in China
• D)a German works council
• E)a firm in the Japanese secondary sector

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Definitions:

Subject Matter Illegal

Pertaining to contracts or agreements where the subject or purpose violates the law or public policy and is therefore unenforceable.

Valid Acceptance

Occurs when an offeree unequivocally agrees to the terms of an offer, thus forming a contract with clear and mutual terms.

Valid Offer

A proposal made by one party to another intended to create a legally binding agreement, provided it is accepted.

Immediate Termination

The abrupt end of an employee’s contract or employment status without any prior notice.