An exculpatory agreement is one in which:

a. one party can sue another in case of an injury caused by a tort or some other event
b. an employee agrees not to leave and go into competition against the employer or go to work for a competitor for a certain time
c. an employee agrees not to recruit fellow employees for another company when they leave their current place of employment
d. an employee agrees not to use illegal substances e. none of the other choices are correct


e

Business

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Define the concept of security in the digital age. Name at least three specific measures that one could take to prevent security breaches on the Internet.

What will be an ideal response?

Business

Deborah Patterson, CEO of MakeGood Inc., said to her vice president of international operations, Stu Linkletter, "Bob has been managing our Tokyo branch office for two years. As you know, the costs that we are incurring for Bob's and his family's relocation and in-country support are tremendous-living expenses for his family, transportation, escalated salary, private education for his children, and trips home, just to name a few. What is our current staffing plan?" Stu replied, "Bob has been training Kyoshi Tanaka to take over as branch manager, so that Bob can come back to headquarters. That will help with customer relations and will significantly reduce our costs. For many reasons, it makes sense for a(n) ________ to manage our Tokyo operations."

A. parent-country national B. expatriate C. host-country national D. inpatriate E. third-country national

Business

Planas Corporation has provided the following information concerning a capital budgeting project:    Investment required in equipment$80,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$210,000 Annual cash operating expenses$150,000 One-time renovation expense in year 3$30,000 The company's income tax rate is 30% and its after-tax discount rate is 14%. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.The income tax expense in year 3 is:

A. $3,000 B. $12,000 C. $18,000 D. $9,000

Business

A break-even point can be calculated either in units or in dollars of sales.

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

Business