It is sometimes the case that parties to a contract are unwilling to settle a contract because they don't want to take the blame for poor terms of the agreement. In these cases, the parties will often rely on the arbitration process to make the decisions for them. The term used to describe this problem is:
A. the chilling effect.
B. the ripple effect.
C. the narcotic effect.
D. the arbitration effect.
D. the arbitration effect.
You might also like to view...
Documents and records are an important control activity. Which of the following statements concerning this activity is true?
a. They serve as excellent preventive controls. b. Adequate accountability can exist even in their absence. c. The entire accounting system serves as a documentary control. d. They are poor detective controls.
Which of the following is required to be deducted from employees' paychecks?
A) federal income tax B) SUTA C) FUTA D) charitable contributions
Use this earned schedule table to determine the schedule performance index (t) for this project at the end of Month 6
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 PV ($) $125 $275 $500 $875 $1,485 $2,325 $2,670 EV ($) $50 $120 $255 $420 $715 $865 $0 A) 0.71 B) 0.54 C) 0.38 D) 0.21
The market share of Galaxy Industries' main product increased by 16 percentage points last year. If the share changed from 40 to 56 percent of the total market, what was the actual percent change in the market share?
A) 40% increase B) 40% decrease C) 60% increase D) 60% decrease