​ Jim Had a Twelve Month Employment Contract with His

question 3

Multiple Choice

​ Jim had a twelve month employment contract with his firm. However, he was fired during the tenth month of the contract period, and his employer failed to provide a valid reason for the termination. Which of the following is likely to occur?

• A)The employer's right to dismiss his employees without a valid reason will be upheld.
• B)Jim can recover againsthis supervisor for his dismissal.
• C)Jim can recover againsthis firm for wrongful dismissal.
• D)A few months later, his employer can sue Jim for failure to perform adequately.

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Definitions:

Racketeering

The criminal action of conducting illegal business activities as part of an organized crime group.

Pattern Of Racketeering

A series of related illegal activities (such as bribery, fraud, and murder for hire) conducted by a group or enterprise, which can lead to prosecution under laws such as the Racketeer Influenced and Corrupt Organizations Act (RICO) in the United States.

RICO Act

The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law aimed at combating organized crime by allowing prosecution and civil penalties for racketeering activity.

Sarbanes-Oxley Act

A law enacted in 2002 focused on enhancing corporate governance and financial practices, including stricter financial disclosures.