Rate Busting Refers to

question 97

Multiple Choice

Rate busting refers to

• A)an increase in productivity due to external competition.
• B)an increase in output that results in the disapproval of fellow employees.
• C)setting incentive performance standards for employees.
• D)a decrease in productivity due to lack of motivation.

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Definitions:

Uniform Computer Information Transactions Act

A proposed state law in the United States intended to standardize the law surrounding the licensing of software and other digital goods.

Software Vendors

Companies or individuals that develop and sell software products or services to consumers or businesses.

Perfect Tender Rule

A legal principle that requires the delivery of goods to be exactly as agreed in the contract without deviation.

Substantial Performance

Substantial performance occurs when a party has completed enough of its contract obligations to warrant payment, even if minor details are unfinished.