Ask Question
BusinessBusiness
27 December, 12:39

Choose the factual precept concerning wages:A) an employer's financial capabilities are irrelevant to the question of fair wagesB) a fair wage is whatever an employee is willing to acceptC) extrinsic, non-job-related considerations are often relevant to setting fair wagesD) a fair wage presupposes a fair work contract

+5
Answers (1)
  1. 27 December, 13:42
    0
    Option D

    Explanation:

    In simple words, factual precept refers to the rules or guidelines that controls or regulates a work system. Thus, in reference to wages, the basic rule for fair wage system should be that, wages should be fixed and given as per the amount of work one is performing.

    The capability of employer is relevant as the amount of work is significantly dependent on level of employer. The fair wages are determined from various other factors such as past work experiences and current market conditions in respect of wage levels.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Choose the factual precept concerning wages:A) an employer's financial capabilities are irrelevant to the question of fair wagesB) a fair ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Tammy has just opened a donut shop called the rabbit hole. given that the rabbit hole is in its start-up phase, which of these would be tammy's immediate financial management need?
Answers (1)
You purchase fire insurance a. Reduction b. Transfer
Answers (1)
1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction.
Answers (1)
You are the managing director for a new product you are trying to launch. you just found out which network is going to be airing the world series next week. you believe that many people will watch the world series.
Answers (1)
A healthy fast-casual restaurant that offers only vegetarian and vegan meals insists on portraying organic ingredients in its advertisements, charges a higher price for its meals, and has a rigorous quality control process to insure the cleanliness
Answers (1)
New Questions in Business
Countries establish internal economic zones in order to ... A.) limit foreign investment. B.) make solving disputes easier. C.) have fewer economic restrictions. D.) create manageable amounts of imports.
Answers (2)
The marketing manager at widgets r us became aware that a leading competitor was conducting an extensive customer survey. somewhat alarmed, this manager directed the marketing staff to construct and administer a customer survey immediately.
Answers (1)
Geller Florist Inc. had the following transactions during 2015: Purchased a $200,000 warehouse with $50,000 cash and a $150,000 mortgage from a bank. Raised $100,000 from selling new shares of stock to investors.
Answers (1)
Clean Rinse Shampoo has been the leader of hair-cleaning products for about 40 years. However, this company relied too long on its competency without refining or upgrading its product.
Answers (1)
A piece of equipment costs $30,000, and is expected to generate $8,500 of annual cash revenues and $1,500 of annual cash expenses. The disposal value at the end of the estimated 10-year life is $3,000. Ignoring income taxes, the payback period is: A.
Answers (1)
Home » Business » Choose the factual precept concerning wages:A) an employer's financial capabilities are irrelevant to the question of fair wagesB) a fair wage is whatever an employee is willing to acceptC) extrinsic, non-job-related considerations are often
Sign Up Forgot Password?