Understanding Bargains and Contracts

What is the key requirement for a bargain to be considered valid?

• It must be beneficial to both parties.

• It must be a real agreement.

• It must involve monetary exchange.

• It must be legally documented.

What was a significant challenge for the salmon canning industry in Alaska during the early 20th century?

• Lack of skilled labor.

• Limited access to transportation.

• High cost of raw materials.

• Competition from other industries.

How were workers typically compensated for their seasonal work in the canneries?

• They received a fixed rate for the season.

• They were paid weekly.

• They received a share of the profits.

• They were paid based on the amount of fish processed.

What action did the workers take upon reaching Alaska that led to a legal dispute?

• They went on strike for shorter hours.

• They refused to work unless paid more.

• They requested additional training.

• They demanded better working conditions.

What was the company's response at the end of the season regarding the new contract?

• They honored the new contract.

• They offered a bonus instead.

• They negotiated a new agreement.

• They refused to pay the increased amount.