Karen Is Checking References and Finds Former Employers Reluctant to Do

question 62

Multiple Choice

Karen is checking references and finds former employers reluctant to do more than verify dates of employment even though the applicants have given their consent. A probable reason for their reluctance is that

• A) records for former employees are typically not readily available.
• B) the former employee is glad to have the potential employee not employed with their company.
• C) respondents may fear litigation by former employees who fail to get jobs they seek.
• D) Karen is asking too many personal questions.

Understand the concept of emancipation and its impact on a minor’s capacity to contract.

Comprehend the role of necessaries in contracts with minors.

Grasp the legal age of majority for contracting and its exceptions.

Understand the obligations and limitations associated with contracts made by minors.

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Definitions:

Preferred Stock

A type of stock that gives its holders preference over common stockholders in terms of dividend payments and asset distribution upon liquidation.

Voting Rights

The entitlements of shareholders to vote on corporate matters, often exercised at shareholders' meetings.

Present Dividend

The dividend payment declared by a company's board of directors to be distributed in the current period to shareholders.

Market Return

The total return from an investment market, including dividends, interest, and capital gains.