Reeve is a mortgage loan officer of Boyd's Bank, who closes deals in people's homes. He has no supervisory powers and works for more than 40 hours a week. However, his employer refuses to pay him overtime

In the context of the Fair Labor Standards Act, Boyd's Bank is exempted from paying Reeve because he is a(n) ________.
A) executive
B) manager
C) outside salesperson
D) nonprofessional employee


C

Business

You might also like to view...

Planning means that an organization develops objectives while in the process of taking action

Indicate whether the statement is true or false

Business

Held-to-maturity securities are valued on the balance sheet at

A) original cost. B) fair value. C) maturity value. D) cost adjusted for the effects of interest.

Business

According to economist Antonio Argandona, which of the following elements would include issues relating to company secrets, espionage, and intelligence gathering?

A. Respect for property and safety rights B. Accountability C. Respect for privacy D. Truthfulness and accuracy

Business

A lawfully issued executive order has the effect of a statute

a. True b. False

Business