A Company That Produces Simple Textiles Outsources Its Operations to Indonesia.Wages

question 49

Multiple Choice

A company that produces simple textiles outsources its operations to Indonesia.Wages for Indonesian workers will ________ and their employment will ________.

• A) rise; rise
• B) fall; rise
• C) stay the same; fall
• D) fall; stay the same
• E) fall; fall

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Definitions:

Bilateral Contract

A legally binding agreement involving two parties where each is obligated to fulfill their respective promises or actions.

Enforceable Agreement

A contract or agreement that can be upheld and compelled by law.

Mirror-Image Rule

A contract law principle stating that an acceptance must exactly match the terms of the offer for a legally enforceable agreement to exist.

Bilateral Contract

A legal agreement involving two parties where each promises to perform an act in exchange for the other's act.