The legal concept that an employee may be terminated for any reason is known as
A) plausible termination.
B) employment-at-will.
C) expatriation.
D) memorandum of understanding.
E) terminal validity.
B) employment-at-will.
Explanation: The concept that an employee may be fired for any reason is known as employment-at-will or termination-at-will and was upheld in a 1908 Supreme Court ruling.
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Which of the following statements does not accurately reflect the financial accounting for compensatory stock option plans?
A. The paid-in capital stock options account is credited when compensation expense is recorded each year. B. Compensation expensed is allocated equally over the service (vesting) period. C. Total owners' equity is increased by the par value of the common stock issued when the options are converted. D. The compensation expense is not adjusted for changes in the market value of the stock options during the service (vesting) period.
The adjustments arising from the audit that were considered to be material should be communicated by the auditor to which of the following?
a. Audit staff. b. Management. c. Audit committee. d. Internal auditors.
The first stage in development of a retail strategy should be to determine the retailer's _____
a. most appropriate target market b. short-run objectives c. long-run objectives d. type of business and orientation of the firm
During informational interviews, it is acceptable to ask for referrals or a position within the company
Indicate whether this statement is true or false.