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A Person Writes a Behavioral Contract with a Contract Manager

question 3

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A person writes a behavioral contract with a contract manager in which she agree to run 3 miles,five times per week.If she meets this goal,she will avoid the loss of $10 that she deposited.Each week she gets together with the contract manager and reports how many miles she ran each day and the contract manager implements the contingency.What is wrong with this contract?

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Definitions:

Income from Operations

Revenue from a company's everyday business activities minus the costs and expenses associated with those operations.

Operating Expenses

Costs associated with the day-to-day operations of a business, including rent, utilities, salaries, and office supplies, but excluding cost of goods sold and capital expenditures.

Cost of Goods Sold

the direct costs tied to the production of goods sold by a company, including both raw material costs and labor costs.

Net Sales

The total revenue a company earns after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

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