Research Investigating High-Performance Workplaces Found That Performance-Based Pay _____ When

question 38

Multiple Choice

Research investigating high-performance workplaces found that performance-based pay _____ when combined with other high-performance practices.

• A)improves attitudes and behaviors
• B)increases the number of middle men required
• C)reduces labor costs
• D)has little effect on quality

Distinguish between conditions precedent and subsequent in contract law.

Understand how electronic transactions are treated under laws related to the statute of frauds.

Understand the concept of fraudulent misrepresentation and its requirements, including intent and scienter.

Comprehend the differences between nondisclosure, innocent misrepresentation, and fraudulent misrepresentation, and their implications on contracts.

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Definitions:

S-corp

A special designation for a corporation in the United States that allows profits and losses to be passed through to shareholders to avoid double taxation on corporate income.

C-corp

A type of corporation in the United States that is taxed separately from its owners, as defined under subchapter C of the Internal Revenue Code.

Investment

The allocation of resources, usually money, with the expectation of generating an income or profit.

Dividends

A portion of a company's earnings that are distributed to shareholders, usually on a quarterly basis.