When an employee breaches a fixed-term employment contract by quitting before the end of the
term, what can the employer recover as damages?
A) Only amounts paid to the employee for which the employee has not yet done the work
B) All amounts already paid to the employee under the contract
C) Nothing, because courts do not order anyone to perform a job against his or her will
D) The costs of hiring a replacement employee plus any increase in salary paid to the
replacement employee
D
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The vested benefit obligation is the present value of the benefits the employee is entitled to receive even if the employee is no longer employed by the company
Indicate whether the statement is true or false
A manufacturing firm will most likely have the heaviest investment in which type of assets?
a. Cash b. Inventory c. Accounts receivable d. Investments e. Plant, property, and equipment
For each of the following accounts, indicate what event causes the account to increase and to decrease. The answer is not debit or credit.
Contemporary managerial communication stresses the importance of which of the following?
A. listening B. keeping written records C. giving orders D. maintaining discipline