The Family and Medical Leave Act provides all of the following EXCEPT
A. up to 12 weeks of unpaid leave.
B. promotions missed during leave.
C. continuation of medical benefits.
D. job protection.
Answer: B
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The lessor is the party in the lease agreement who acquires the right to use the leased asset in exchange for making future lease payments
Indicate whether the statement is true or false
If a report is urgently needed, some accuracy may have to be sacrificed in the interest of timeliness
Indicate whether the statement is true or false
Mullins, Inc manufactures furniture. Mullins has given you its most recent annual report in an effort to obtain a sizeable loan. The company is very profitable and appears to have a strong financial position. However, based on a news report you saw on television last night, you are aware that Mullins is a defendant in a class action lawsuit related to defective products. Serious injuries were
allegedly caused by Mullins' infant high chairs overturning. The television news report is an example of financial information that is: A) predictable. B) conservative. C) relevant. D) comparable.
Which of the following is correct with regard to the capacity of an agent?
a. The incapacity of the agent disqualifies him from making a contract that is binding on his principal. b. No mental capacity is necessary for an agent. c. If an incompetent person who is not under guardianship appoints an agent, contracts made by that agent are voidable. d. A young child or a person under guardianship has the capacity to act as an agent.