Vance and Jared Were Both Recently Hired to Be Program

question 82

Multiple Choice

Vance and Jared were both recently hired to be program directors at an urban university. Vance attended a large, historic university while Jared attended a branch campus of a regional university. Jared is paid 15 percent more than Vance. The best explanation for this is ________.

• A) Jared is a better negotiator
• B) Vance did not do well in school
• C) Jared's position is worth more to the university
• D) Vance's position is not important to the university
• E) the institution is not competitive within the industry

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Definitions:

Condition Precedent

A specific condition or event that must occur before a contract becomes effective or before a party is obligated to fulfill their part of the contract.

Ended by Agreement

A situation where a contract or arrangement is terminated through mutual consent of all parties involved.

Unforeseen Event

An unexpected occurrence that can impact agreements or plans, often referred to as a force majeure in legal contexts.

Breach of Warranty

The failure to fulfill the terms of a promise or guarantee made regarding the condition or performance of a product or service.