Which of the Following BEST Describes the Service Sector

question 20

Multiple Choice

Which of the following BEST describes the service sector?

• A) It employs roughly 76 percent of the Canadian work force.
• B) It is rarely capital intensive,as most services do not need high technology.
• C) It tends to create fewer new jobs than the manufacturing industry.
• D) It is decreasing in importance in Canada.

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Definitions:

Elements of Offer

The criteria that must be met for a proposal to be considered a valid offer in contract law, typically including intent, definiteness, and communication to the offeree.

Revocation Exceptions

Specific circumstances under which the withdrawal or cancellation of an offer, right, or privilege is not permitted.

Destruction of Subject Matter

The termination of a contract due to the accidental destruction of the contract's subject matter, leaving the agreement without a base.

Accidental Destruction

describes the unintentional damage or ruin of an object, property, or material, often due to unforeseen circumstances or events.