Which of the Following Involves the LEAST Risk from the Point

question 66

Multiple Choice

Which of the following involves the LEAST risk from the point of view of the employee?

• A) Piece rate
• B) Profit sharing
• C) Revenue sharing
• D) Annual salary

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Definitions:

Frustration of Purpose

A legal defense allowing for the termination of a contract when an unexpected event undermines the contract's core purpose.

General Contract Law

The body of law that governs the formation, execution, and enforcement of agreements between parties.

Right of Inspection

The legal right to examine and review a company's books, records, and documents, typically granted to directors, officers, and shareholders.

Nonconforming Goods

Goods that fail to meet the specifications or standards outlined in a contract.