Which of the Following Most Strongly Supports the Use of Written

question 69

Multiple Choice

Which of the following most strongly supports the use of written employment contracts?

• A) The law requires employment contracts to be written.
• B) Written terms override terms implied by law.
• C) The law abrogates the parties' ability to tailor the contract.
• D) Written terms introduce certainty in the relationship.

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Definitions:

Proxy Statement

A document containing the information that companies are required to provide to shareholders that enables them to make informed decisions about matters that will be discussed at an annual or special shareholder meeting.

Investment Evaluation

The process of assessing the performance and potential of investment opportunities to inform financial decisions.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Proxy Statements

Documents containing the information that companies are required to provide to shareholders to solicit proxy votes, including details on matters to be voted on at shareholder meetings.