Which of the Following Is a Drawback of Privatization of Government

question 9

Multiple Choice

Which of the following is a drawback of privatization of government functions?

• A)Privatization reduces the ability to scrutinize government functions.
• B)The bidding process involves too many rules.
• C)Privatized services often cost less to deliver.
• D)Privatized service delivery is often too slow.

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Definitions:

Promisor

The person who makes a promise or agreement to do something, especially in a contract.

Promisee

The person to whom a promise is made in a contract, who stands to benefit from its fulfillment.

Offeror

The party in a contract negotiation that proposes the terms of an agreement to another party, known as the offeree.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aimed at standardizing practices across states.