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The production manager of a company,in an effort to gain a promotion,negotiated a new labor contract with the factory employees that required them to bear a greater percentage of benefit costs than before,thus bringing down the cost of direct labor to the company.Shortly afterward,several experienced and highly skilled workers resigned and were replaced by new employees whose work was very slow during their training period.At the end of the quarter,the company's profits fell 10%.This would produce a(n) ________.
Contributory Negligence
A legal doctrine where if the plaintiff in a negligence claim is found to be partly at fault for the incident, they may be barred from receiving compensation.
Wrongful Death
A legal term referring to a death caused by the negligence or misconduct of another person or entity.
Creditor
An individual, institution, or organization to whom money is owed by a debtor.
Statutes
Laws established by a legislative body in government that dictate how certain matters should be handled legally.
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