Which of the following is true about "seniority rules"?

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问题 Which of the following is true about "seniority rules"?
  
Josh’s headmaster fought to keep him, but his hands were tied; under the state’s strict "last in, first out" seniority rules, enshrined in statute, the most recent recruits had to be fired first, regardless of ability.
British-born Oliver Hart and Finland’s Bengt Holmstrom won the Nobel Economics Prize on Monday for work that addresses a host of questions from how best to reward executives to whether schools and prisons should be privately owned. Their findings on contract theory have implications in such areas as corporate governance, bankruptcy legislation and political constitutions.

选项 A、Rewarding executives.
B、Contract theory.
C、Cooperate governance.
D、Bankruptcy legislation.

答案B

解析 哈特和霍姆斯特罗姆因其契约理论领域的巨大贡献获得了诺贝尔经济学奖。从文中“their findings on contract theory”,听者也可以判断出二人的研究领域是契约理论。
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