Dismissal for Cause Is

question 20

Multiple Choice

Dismissal for cause is

• A) dismissal for causes specified in the contract of employment.
• B) dismissal for unjustified causes.
• C) dismissal without notice and further obligation by the employer when the employee's conduct amounts to a breach of contract.
• D) dismissal for causes not specified in the contract of employment.
• E) dismissal for justified reasons.

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Definitions:

Oligopoly

A market structure characterized by a small number of firms controlling a large majority of the market share, often leading to limited competition.

Monopolistic Competitive

A market structure characterized by many firms selling products that are substitutes but differentiated from one another, leading to non-price competition.

Short Run

A period in economics during which at least one input, such as plant size, is fixed and cannot be changed by a firm.

Long Run

In economics, a period during which all factors of production and costs are variable, and firms can enter or exit the market.