"Wrongful Dismissal" Means That an Employer Must Have a Valid

question 19

True/False

"Wrongful dismissal" means that an employer must have a valid reason to terminate an employee.

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Definitions:

Liability

A financial obligation or debt owed by a company to another entity, to be settled through the transfer of assets or services.

Date of Declaration

The date on which a company announces its intention to pay a dividend or issue a corporate action to its shareholders.

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.

Directors

Individuals elected by shareholders to manage a corporation's affairs and make key strategic decisions on their behalf.