________ exists where an employee is treated differently because he or she is a member of a suspect class

Fill in the blanks with correct word


Disparate treatment

Business

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Suppose that a risk-neutral investor has a choice between buying a one-year bond paying 5 percent today, a two-year bond paying 5.4 percent today, a three-year bond paying 5.8 percent today, or a four-year bond paying 6.2 percent today, if a one-year bond purchased one year from now is expected to have an interest rate of 6 percent, a one-year bond purchased two years from now is expected to have an interest rate of 7 percent, and a one-year bond purchased three years from now is expected to have an interest rate of 8 percent. Explain with the help of suitable calculations, which of the following would the investor decide to do?

a. The investor will purchase a one-year bond today, followed by three successive one-year bonds. b. The investor will purchase a two-year bond today, followed by two successive one-year bonds. c. The investor will purchase a three-year bond today, followed by a one-year bond. d. The investor will purchase a four-year bond today. What will be an ideal response?

Business

Gerber primarily serves the baby food market. In choosing to focus on this market, Gerber is defining its competitive sphere on the basis of ________

A) vertical segmentation B) backward integration C) market segmentation D) diversification E) differentiation

Business

Which statement is true of the FLSA requirements for overtime pay?

A. Overtime must be paid whether or not the employer specifically asked or expected the employee to work the extra hours. B. The overtime rate is one and a half times the employee's hourly rate, excluding any bonuses or piece-rate payments. C. Time worked includes hours spent on production or sales, but not on activities such as attending required classes, cleaning up the work site, and so on. D. Most workers paid on an hourly basis are exempt and therefore not subject to the laws governing overtime pay. E. Everyone is eligible for overtime pay.

Business

All of the following statements regarding a work sheet are true except:

A. A worksheet aids in the preparation of financial statements. B. A worksheet is not useful in planning and organizing an audit of financial statements. C. A worksheet helps in preparing interim financial statements. D. A worksheet reduces possible errors when working with many accounts and adjustments. E. A worksheet shows the effects of proposed or "what-if" transactions.

Business