Reba Works for a Major Bank

question 114

Multiple Choice

Reba works for a major bank.The revised employee handbook that she received five years ago says that all employees with 25 years of service will receive a gold watch.She is about to hit 25 years of service and has announced her retirement.Her manager tells her that the company,based on her years of service,will throw her a party and present her with a gold watch.Reba retires on her 25^th anniversary and her manager announces that the company will not throw the party or give her the watch..

• A) Because of past consideration, no party or watch is owed.
• B) The company is required to throw the party, but no watch is owed.
• C) The company is required to present her with the watch, but no party is owed.
• D) The company is required to present her with the watch and throw her the party.
• E) Because Reba didn't accept the offer, no party or watch is owed.

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