Aside from tipped employees, under what circumstances may an employee receive less than the FLSA minimum wage?
What will be an ideal response?
Full-time students who work for learning institutions, service companies or agricultural firms; high school student at least 16 years of age who are enrolled in vocational learning courses; and workers under the age of 20 during the first 90 days of employment.
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Ryan, $40,000; O'Malley, $60,000; Sullivan, $45,000 . Partners share profits and losses as follows: Ryan, 20%; O'Malley, 30%; and Sullivan, 50%. If Sullivan retired and
withdrew $40,000 in settlement of his/her equity and settlements are allocated according to capital interests, the amount entered in Ryan's capital account would be a a. $2,000 credit. b. $2,000 debit. c. $3,000 credit. d. $3,000 debit.
Maxwell is listening to a coworker describe a problem with a supervisor. As he listens, Maxwell is trying to put himself in his coworker’s situation and understand the real problem between the supervisor and his coworker. Maxwell is using ______ skills to complete this task.
A. technical B. interpersonal C. conceptual and design D. business
One of the requirements for the assumption of the risk defense is that the plaintiff ________.
A. had a general knowledge of the risk involved B. had knowledge of the specific risk C. had no knowledge of the risk involved D. had been defrauded with regards to the risk involved
As per the Statute of Frauds provisions, all contracts for the sale of goods costing $500 or more must be in writing
Indicate whether the statement is true or false