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Given the following data,what is the labor force participation rate? Population 300 million
Non-institutionalized population,age 16 and over 250 million
Persons employed or seeking employment 200 million
Unemployed persons 10 million
Unconscionability
A legal principle related to contracts that are so one-sided or unfair to one of the parties that they are considered voidable.
Unconscionability
A contract term that is so unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.
Contract Negotiating Procedures
The systematic steps and methods used during the process of reaching an agreement on contractual terms.
Auction With Reserve
A type of auction in which the seller reserves the right to accept or reject the highest bid.
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