If you receive a claim letter threatening legal action against the company you are working for, which of the following actions would be most appropriate for you to take?
A. Replying to the letter in a negative tone
B. Granting an adjustment irrespective of whether the claim is allowable or not
C. Notifying your supervisor and the company's legal department
D. Ignoring the letter and keeping the issue from the company's management
C
If you receive a claim letter threatening legal action against the company you are working for,
notifying your supervisor and the company's legal department would be most appropriate.
Whenever legal action is even remotely possible, you should notify someone in authority.
You might also like to view...
Most mathematical and physical problems are semi-structured.
Answer the following statement true (T) or false (F)
Identify the account below that impacts the equity of a business:
A. Unearned Revenue B. Cash C. Utilities Expense D. Accounts Payable E. Accounts Receivable
Which of the following is a requirement for a common law marriage to be valid?
A) that a marriage license was obtained B) that there was a legal marriage ceremony C) that the parties live together D) that the parties have a valid prenuptial agreement
Which of the following is true regarding who can sue under Rule 10b-5?
a. Only those who purchased the securities at issue may sue. b. Only those who sold the securities at issue may sue. c. Only those who have actually purchased or sold the securities at issue may sue. d. Anyone who either actually purchased or sold the securities at issue, and also anyone who can prove that he or she would have purchased or sold the securities at issue had they known the true facts may sue.