Examlex

Solved

Which of the Following Is an Example of a Worker

question 87

Multiple Choice

Which of the following is an example of a worker experiencing 'frictional unemployment'?


Definitions:

Creditor Beneficiary

A third party who benefits from a contract made between two other parties because one of the primary parties owes a debt to the beneficiary.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations.

Promisor

The person or party who makes a promise or agrees to perform an action or fulfill an obligation under a contract.

Promisee

The individual or entity to whom a promise or commitment is made, typically in a contractual agreement.

Related Questions