As Jobs Become Less Programmable

question 34

Multiple Choice

As jobs become less programmable,

• A)outcome-oriented contracts become less likely.
• B)monitoring becomes less difficult.
• C)behavior-oriented contracts become less likely.
• D)the agent's risk decreases.
• E)the requirement for compensating wage deferential increases.

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Definitions:

Delegation

The act of transferring responsibility and authority from one person to another while maintaining accountability for the outcome.

Novation

The act of replacing an obligation to perform with a new obligation, or substituting a new party into an existing contract.

Successive Assignments

The process of transferring rights or duties from one party to another over a series of transactions.

Obligor

The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.