Which of the Following Conditions Need to Be Satisfied by an Employer

question 17

Multiple Choice

Which of the following conditions need to be satisfied by an employer in China before reducing his or her workforce by at least 20 employees or by 10 percent?

• A) The employer is restructuring due to bankruptcy.
• B) The employer is experiencing difficulties in production and operations.
• C) A material (significant) change in the objective economic circumstances has occurred, making performance and fulfillment of the employee contract impossible.
• D) Any of these.

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Definitions:

Export Subsidies

Financial support from the government to companies for the purpose of encouraging exports of goods to foreign countries.

Agricultural Products

Goods derived from farming and agriculture, including food items, feed, fiber, and biofuel commodities.

Tariffs

Taxes imposed by a government on imported or occasionally exported goods, often used to protect domestic industries from foreign competition.

Agricultural Act of 2014

A comprehensive statute that governs United States federal farm programs including crop insurance, conservation programs, and nutritional assistance.