Rantly Corp

question 73

Multiple Choice

Rantly Corp. is eliminating its desktop computer repair center in Minnesota. Meanwhile, the demand for mobile device repair-a service it provides in Florida and New Jersey-is growing rapidly. Betsy, a human resource specialist at the Rantly Corp. headquarters in Miami, must plan to avoid a labor surplus in Minnesota in a fast and effective way. She wishes to do so with minimal employee suffering in terms of layoffs and salary. Which strategy would best help Betsy accomplish her goal?

• A) pay reductions
• B) transfers
• C) demotions
• D) early retirement
• E) hiring freeze

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Definitions:

Dissolution

In partnership law, the commencement of the winding up process.

Breeding

The process of mating and producing offspring, commonly referred to in the context of animals and plants.

RUPA

stands for the Revised Uniform Partnership Act, which governs the operation of partnerships in the United States.

Winding Up

In partnership and corporation law, the orderly liquidation of the business’s assets.