Goods that are not in existence and not yet identified are called
a. personal goods.
b. unidentified goods.
c. future goods.
d. unsatisfactory goods.
C
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Indicate whether the statement is true or false
In the context of the impacts of unions on compensation, which of the following statements is true?
A. Unions do not make a difference in wages, across all studies and all time periods. B. Management and professional employees do not enjoy union wage advantage. C. Employees in service or production occupations have the least from union wage advantage. D. Since 2000, the union wage premium has been unstable overall and has risen slightly in the private sector.
Bob rented a lawn mower from Scott Rentals. The lawn mower wheel was loose when Bob picked up the mower. When he began to use it, the wheel fell off, causing the mower to tip over onto his foot. Under what theory can Bob hold Scott liable for his injuries?
a. Breach of warranty of merchantability. b. Strict liability in tort for a defective condition. c. Both of these are applicable. d. Neither theory is applicable to leases.
What is a psychological contract?
What will be an ideal response?