Some Companies Subject Their Applicants to Extensive Tests.Why

question 82

Multiple Choice

Some companies subject their applicants to extensive tests.Why?

• A) to reduce the informational asymmetry between the firm and the applicant
• B) to screen the applicant to avoid the problem of adverse selection
• C) to gather more information about the applicant
• D) All of the above.

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Definitions:

Civil Suits

Legal proceedings initiated by a private individual or entity against another for the enforcement or protection of a private right.

Merchantable Quality

A standard implying that goods sold by a merchant are fit for the general purpose for which they are sold.

Title Transfer

The process of legally shifting ownership of a property or asset from one party to another.

Good Title

The legitimate ownership of property or assets, free from any legal claims or liens by others that might affect transferability or rights.