Hanson Is Employed as a Chief Financial Officer of EasyMoney

question 62

Multiple Choice

Hanson is employed as a Chief Financial Officer of EasyMoney firm in New York City,for a salary of $200,000 per year on a three-year contract.His employer terminates Hanson with two years left in the contract.Hanson accepts employment as a financial analyst at a different firm that pays $150,000 per year.Which of the following hold true in this scenario?

• A) Hanson cannot take any legal action against his formal employer after accepting another job.
• B) Hanson's former employer must pay Andrew two years' worth of his former salary.
• C) Hanson can only sue to receive nominal damages.
• D) Hanson can sue his prior employer and recover $100,000.

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Definitions:

Transfer of Training

The successful transfer of abilities, understanding, or actions acquired in one situation to a different situation.

Affective Reaction

The emotional response or feelings of an individual toward a particular experience, event, or change, which can significantly influence motivation and behavior.

Perceived Usefulness

The degree to which a person believes that using a particular system or tool will enhance their job performance or daily activities.

Formative Evaluations

Assessments conducted during the developmental phase of a program or product to improve its design and effectiveness.