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Which of the Following Groups Would Be Considered Suppliers in the Labor

question 161

Multiple Choice

Which of the following groups would be considered suppliers in the labor market?


Definitions:

Void

Having no legal force or effect; null and totally ineffective.

Breach of Contract

The omission of performing any clause of an agreement, whether written or orally communicated, without a defensible legal excuse.

Payments

The act of transferring money or other valuable consideration from one party to another as a fulfillment of a legal obligation or for the acquisition of goods or services.

Contract

A legally binding agreement between two or more parties, creating obligations that are enforceable by law.

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