Answer the following statements true (T) or false (F)
1. Collective bargaining agreements in Mexico automatically include the minimum provisions that
are set in the Mexican constitution.
2. Mexico's constitution was the first to address both social and economic rights of workers.
3. In Mexico, a union does not need to represent a majority of employees before it can engage in
collective bargaining but it does need majority representation if it wishes to use the strike
weapon.
4. Collective bargaining agreements are not legally enforceable in Mexico.
5. The most influential union federation in Mexico is called the Confederation de Trabajadores
Mexico or the Confederation of Mexican Workers.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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As viewed by the World Trade Organization, ______________ constitutes unfair competition.
a. export antisubsidies b. export subsidies c. import tariff d. import subsidies
Jonas enters into an oral contract with Chelsea to lease his house to her for $100,000. Chelsea pays him $100,000 and moves in. A month later, Jonas learns that his state requires contracts for the lease of goods with payments of $1,000 or more to be in writing. Which of the following options does either party have?
A. Jonas can evict Chelsea as the contract does not comply with the Statute of Frauds and is hence void. B. The contract cannot be rescinded by either party as it has already been executed. C. Chelsea can rescind the contract on the grounds of noncompliance with the Statute of Frauds. D. Jonas can rescind the contract on the grounds of noncompliance with the Statute of Frauds.
In Crest Ridge Construction v. Newcourt, where Newcourt demanded payment in full before delivery because Crest Ridge did not have a credit history, the court held Newcourt had the right to impose that payment term given the reality of the matter
a. True b. False Indicate whether the statement is true or false
Maturity is a stage in the product life cycle
Indicate whether the statement is true or false