Courts in a Minority of States Have Recognized a Bad-Faith

question 30

Multiple Choice

Courts in a minority of states have recognized a bad-faith exception to the at-will employment relationship called the ______.

• A) Implied covenant of good faith and fair dealing
• B) Imposed contract of fair treatment
• C) Imposed contract of fair treatment and ethical conduct
• D) Implied obligation of fairness and ethics

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Definitions:

Minimum Cash Balance

The lowest level of cash that a company or individual aims to maintain to meet operational and emergency needs.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period to manage liquidity and ensure financial stability.

Borrow

The act of receiving funds from another party under the agreement to return the principal amount along with interest.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, used to manage liquidity and ensure financial stability.