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XYZ company has just opened a factory in Bangladesh. Bangladesh has different laws than in Canada. The age that the law allows for young people to be employed full-time is much lower than in Canada. If XYZ hires employees who are younger than allowed by law in Canada but legal in Bangladesh what is the most likely outcome?
Contract Price
The total financial compensation agreed upon by all parties involved in a contract for the sale, purchase, or delivery of goods or services.
Market Price
The present cost for purchasing or selling an asset or service in a specific market.
Consequential Damages
Special damages that compensate for a loss that is not direct or immediate (for example, lost profits). The special damages must have been reasonably foreseeable at the time the breach or injury occurred in order for the plaintiff to collect them.
Liability
A legal responsibility or obligation, particularly in the context of debts or torts.
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