The Minimum Wage,if It Is Binding,raises the Incomes of

question 21

Multiple Choice

The minimum wage,if it is binding,raises the incomes of

• A)no workers.
• B)only those workers who cannot find jobs.
• C)only those workers whose jobs would pay less than the minimum wage if it didn't exist.
• D)all workers.

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Definitions:

Acceptance

In contract law, the act of agreeing to the terms of an offer, thereby creating a binding contract.

Offeree's Duty

The legal obligations or responsibilities of a person or entity to whom an offer is made, especially in contract formation.

Imposed

Set or laid as a burden, duty, tax, or penalty; usually applied or enforced authoritatively.

Acceptance

The act of agreeing to the terms of an offer, thereby creating a binding contract.