Answer: Ambiguity aversion
Explanation:
In economics and decision theory in general, ambiguity aversion refers to the preference for known risks over unknown risks. This means that in a scenario in which there´s an option in which probable outcomes are unknown, people would rather choose an option in which probable outcomes are known.
No to be confused with risk aversion, which only applies to situations where each probable outcome can be established.
They work for dirt cheap, and work hard because they want to keep the work they receive, an immigrants usual only hope is a steady work whether or not they're illegal.
Answer:
B. They apply only to tangible assets.
Explanation:
A principal definition of real estate is as a bundle of rights associated with the possession, use, and disposition of property. Each of the following is a fundamental characteristic of property rights EXCEPT they apply only to tangible assets.
There are two types of property rights, the real and personal property rights. Examples of real property rights are landed properties such as a commercial complex while examples of personal property rights are stocks and bonds, patents.
Property rights does not only apply to tangible assets such as lands but also applies to non tangible properties such as intellectual property's, patents and bonds.
Answer: employee relations
Explanation:
What is meant by employee relations?
This describes the effort of an organisation to ensure that they establish a positive relationship with their employees.
They do this with the hope that if employees are happy in return they will be loyal and trustworthy in doing the work given to them.
The person who is in charge of this role is usually an HR personnel.
Normally this person act as an intermediary between the employees and employers by making sure that all the issues that may cause conflict are attended to as swiftly as possible.
For example the issue in the above text where employees are unhappy the HR personnel has to intervene in time before things can get out of control and probably resulting into disruptive behaviour.
Employee relations also help to ensure that everyone is treated fairly at work.
