Salmagundi Co. decides to eliminate staff to increase its profits. There is no labour union in this workplace. The next day the president tells Patricia Ravel that she is fired and must leave immediately. Which of the following is TRUE?
A) The company cannot fire her just to increase profits.
B) The company cannot ask her to leave immediately but must let her stay to the end of the normal business day.
C) The company can fire her for the reason given but must pay her an amount based on reasonable notice period.
D) The company can fire her for the reason given but only pay an amount in lieu of notice based on a formula set out in the Employment Standards or Labour Act of the province.
E) The company can fire her but should come up with a different reason.
C
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The effective interest method of amortization of bond premiums and discounts is superior to the straight-line method because it results in a(n)
A) more variable interest rate. B) uniform rate of interest. C) interest rate that increases or decreases slightly over time. D) interest rate that is close to the market interest rate.
Since Jameson flies to many of his sales calls, it is far more efficient, from a time and expense standpoint, to schedule multiple calls in the same airplane trip. Once Jameson develops a routing plan for a specific trip, he should then:
A) complete a travel expense report to ensure reimbursement B) develop the same presentation for all customers in the area C) notify customers of his anticipated arrival time D) focus on visiting small accounts in the area E) plan as many cold calls as possible
Which of the following articles in the UCC deals with the sale of goods?
A) Article 2 B) Article 4 C) Article 5 D) Article 8
An accord and satisfaction discharges the original debt
a. True b. False Indicate whether the statement is true or false