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Selma,an HR Manager at a Research Center,explains to a New

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Selma,an HR manager at a research center,explains to a new employee that he could be discharged for any or no reason,cause or no cause,unless it is specifically prohibited by law.The research center has what type of HR policy in place?


Definitions:

Ethical Situation

A scenario or circumstance that requires individuals or organizations to choose between alternatives that must be evaluated as right or wrong.

Historical Cost Principle

An accounting principle that states assets should be recorded and reported at their original purchase cost and not adjusted for changes in market value.

Appraisal Value

The assessed value of an asset, typically real estate or a business, determined by a professional appraiser based on the property's condition, market trend, and comparable sales.

Market Price

The present rate at which a service or asset is available for purchase or sale in the market.

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