The term "golden parachute" refers to
A. financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.
B. managers of a firm involved in a hostile takeover approaching a third party about making the acquisition.
C. pay given to executives fired because of a takeover.
D. a clause requiring that huge dividend payments be made upon takeover.
Answer: C
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An employer's refusal to bargain collectively with a union that represents its employees is an example of an unfair labor practice under the Labor-Management Relations Act (LMRA).
Answer the following statement true (T) or false (F)
Net realizable value is considered to be the best measure of the expected contribution of each product to the coverage of joint costs
Indicate whether the statement is true or false
TynsCorp offers domestic companion benefits, but, as is common, in order to receive these benefits, the employees must sign
A. a writ of Common Domestic Marriage. B. an Affidavit of Domestic Partnership. C. an Affidavit of Residency within their state of residence. D. a waiver of legal liability.
In the McKennon v. Nashville Banner Publishing Co case referenced in the text, after-acquired evidence of the plaintiff-employee's misconduct was introduced in a lawsuit filed under the ADEA. How did the U.S. Supreme Court rule?
a. The court ruled that under such circumstances, the plaintiff's claim should be dismissed. b. The court ruled that under such circumstances, remedies available to the plaintiff should be limited to back pay and should not include reinstatement or front pay. c. The court ruled that under such circumstances, remedies available to the plaintiff should be limited to back pay and front pay and should not include reinstatement. d. The court ruled that such evidence has no effect on the lawsuit or on available remedies.