If an Employee Claims That Their Dismissal Was Harsh,unjust or Unreasonable

question 30

Multiple Choice

If an employee claims that their dismissal was harsh,unjust or unreasonable they must show that the employer:

• A)did not give a valid reason for the dismissal.
• B)did not give sufficient warnings.
• C)did not give the employee an opportunity to defend themselves.
• D)all of the above.

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Definitions:

Vertical Analysis

The presentation of a company’s financial statements in common-size form.

Common-Size Statements

Financial statements that present all line items as percentages of a common base figure such as total assets or sales, to allow for easy comparison.

Acid-Test Ratio

A financial metric that measures the immediate liquidity position of a company by comparing its most liquid assets (excluding inventory) against its current liabilities.

Marketable Securities

Financial instruments and assets that can be easily sold or converted into cash without a significant loss of value.