Multiple Choice
Suppose that during a recession, Whirlpool saw the demand for its major appliances fall by one-third. Even though the demand decreased, Whirlpool chose to maintain wages for its non-union employees. This is an example of
A) a relative-wage contract.
B) employment-at-will.
C) an explicit contract not to cut wages.
D) an implicit or social contract not to cut wages.
Correct Answer:
Verified
Correct Answer:
Verified
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