You Are the Owner of Electronics World,a Chain of 3

question 86

Multiple Choice

You are the owner of Electronics World,a chain of 3 Electronics stores in Saskatchewan.You are no longer fond of the manager of one of yours stores in Regina,however you are unable to provide just cause to terminate his employment.As a result you have advised him that due to some changes he has to continue to manage his current store location every other week and on the other weeks he has to go to the Saskatoon location and act as Assistant Manager.By doing this you could be found guilty of _____.

• A)wrongful dismissal
• B)constructive dismissal
• C)unlawful dismissal
• D)creative dismissal

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company's assets.

Revenue Accounts

Accounts that track the income earned by a business from its operational activities, such as sales of goods or services.

Credit

An accounting entry that increases the balance of liabilities and equity accounts, or decreases the balance of an asset or expense account.

Stockholders' Equity

The equity held by stockholders in a corporation, determined by subtracting total liabilities from total assets.