A written acceptance to a job offer is a legally binding contract
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Be aware that a job offer and a written acceptance of that offer can constitute a legally binding contract, for both you and the employer.
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EBIT, often referred to as operating income, stands for "earnings before interest and taxes."
Answer the following statement true (T) or false (F)
An organization or company’s ________typically establish the specific duties, powers, and responsibilities for a board of directors.
a. corporate policy b. regulations c. standards d. bylaws
Which of the following is a disadvantage of the corporate form of business?
A) Ease of raising capital B) Double taxation C) Limited resources D) Limited liability
Brianna purchases stock for $8,000. The stock appreciates (grows) at a 6% rate before taxes. Brianna sells the stock ten years later for $14,327. Brianna has a 37% marginal tax rate, but the stock sale is a LTCG taxed at 20%. Ignore the 3.8% Medicare surtax on net investment income. What are Brianna's after-tax proceeds?
What will be an ideal response?