The usual means of enforcing an agreement prohibiting an employee from competing in a described territory for a stated period of time is by injunction

Indicate whether the statement is true or false


True

Business

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The Widner Company manufactures two products: Stainless Serving Spoons and Stainless Serving Forks. The costs and revenues are as follows: Spoons ForksSales price$150  $88 Variable cost per unit 80   42 Total demand for Spoons is 14,000 units and for Forks is 9,000 units. Machine time is a scarce resource. During the year, 54,000 machine hours are available. Spoons require 5 machine hours per unit, while Forks require 3 machine hours per unit.How many units of Spoons and Forks should Widner produce? SpoonsForksA.14,0000B.8,3074,154C.10,8000D.5,4009,000

A. Option A B. Option B C. Option C D. Option D

Business

Vesting refers to:

a. a qualifying period of pension plan membership that must be met before contributions are made by the employer. b. a qualifying period of pension plan membership that must be met before pension benefits legally exist. c. a qualifying period of pension plan membership after which benefits are received. d. a qualifying period of pension plan membership after which contributions may cease.

Business

As a general rule, employers have a legal obligation to disclose information about former employees to potential future employers

a. True b. False Indicate whether the statement is true or false

Business

The primary difference between notes payable and accounts payable is that notes payable generally have longer terms and usually require interest charges.

Answer the following statement true (T) or false (F)

Business