Sources of Bargaining Power in Tenancy Agreements
In a tenancy agreement where a landlord offers a non-negotiable 'take-it-or-leave-it' contract, the tenant is often free to choose their own work hours on the land. Analyze why, despite the tenant's freedom over their labor, the landlord typically holds the dominant bargaining power. In your analysis, describe the specific mechanism the landlord uses to maximize their income from this arrangement.
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