Multiple Choice
An employment contract is most likely to be successful when it
A) provides the proper incentives so as to be self-enforcing.
B) can be legally defensible.
C) can be specific about all tasks required of the employee.
D) includes legal penalties if either party abrogates the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: A radically more progressive tax system (which
Q43: Assume the following is true: in the
Q44: The manager of Mel's Diner feels that
Q45: Suppose that monopsony behavior results from the
Q46: Workers who are paid on a piece-rate
Q48: A company has a merit pay plan
Q49: In the rat race model,workers competing for
Q50: Merit-pay plans which rate workers relative to
Q51: Most employment contracts are<br>A) legally enforceable.<br>B) implicit.<br>C)
Q52: Fairness in regards to a worker's reference