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Under the Articles of Confederation

question 37

Multiple Choice

Under the Articles of Confederation,

Understand the concept of fiduciary duty and its application within the employer-employee relationship.
Differentiate between constructive and actual dismissal and the legal consequences of each.
Identify the conditions under which employers are liable for the actions of their employees.
Recognize the importance of workers' compensation and its implications for both employers and employees.

Definitions:

Collateral

Assets pledged as security for repayment of a loan, subject to seizure on default.

Repossess Collateral

The act of taking back goods or property by a creditor or seller from the borrower or buyer due to defaults on payment terms.

Self-Help

A legal way to enforce a right or resolve a dispute by taking action oneself, within legal boundaries, rather than relying on law enforcement or judicial proceedings.

Intangible

An asset that does not have physical substance yet is often valuable, such as intellectual property or goodwill.

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