The Validity of a Contract Is Not Affected By

question 2

Multiple Choice

The validity of a contract is not affected by:

• A) the effect of the contract on the community.
• B) unconscionability.
• C) the absence of good faith.
• D) the fact that the contract turned out to be a bad bargain for one of the parties.

Explain the role of financial analysis and employee perspectives in shaping contract proposals.

Understand the strategic calculation of resistance points, target settlements, and their implications for bargaining outcomes.

Grasp the long-term impact of bargaining strategies on employer-employee-union relationships.

Differentiate between types of bargaining issues and their classification as zero-sum or constant-sum games.

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Definitions:

Corporate Philanthropy

The act of a corporation donating some of its profits or resources to charitable causes as part of its CSR (corporate social responsibility) initiative.

Corporate Taxes

Taxes imposed on the income or profit of corporations by the government.

Paying

The act of giving money in exchange for goods, services, or to settle debts.

Green Product

Goods that are environmentally friendly or less harmful to the environment, often made from sustainable resources or employing eco-conscious production methods.