Adrienne Is a Nonexempt Employee Who Works for a fiRm

question 28

Multiple Choice

Adrienne is a nonexempt employee who works for a firm that has an elected workweek composed of four 10-hour days and pays overtime after 40 hours worked per week. What is the rule about
Overtime for her work situation?

• A) She must be compensated for all hours worked past 8 in a single day.
• B) She will receive overtime pay when working more than 10 hours during a shift.
• C) She is not eligible for overtime pay.
• D) She receives overtime only when she works past 40 hours in any given week.

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Definitions:

Negotiable

Capable of being discussed and modified in a transaction or agreement.

Bearer Instrument

A financial document not assigned to a specific holder, thus whoever holds the document has the right to cash or transfer it.

Order Instrument

A financial instrument that is payable to a specific person or their order, thus requiring endorsement for transfer.

Bearer Instrument

A negotiable financial instrument, such as a check or bond, that entitles the holder in possession to the rights of the instrument, with no need to prove ownership.