Which of the Following Is True of the Employment-At-Will Doctrine

question 30

Multiple Choice

Which of the following is true of the employment-at-will doctrine?

• A) A contract of employment for an indeterminate term is not terminable.
• B) The employment-at-will doctrine places an employer in a position to treat employees arbitrarily.
• C) The employment-at-will doctrine cannot be restricted by state and federal legislation or by changes in the common law.
• D) The applicability of the employment-at-will doctrine is the same in every state.

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Definitions:

Long-Term Debt Ratio

A financial ratio comparing the amount of long-term debt financing relative to the total capital of a company, indicating the leverage or financial risk.

Depreciation Expense

Assigning the cost of a material asset over the duration of its usability.

Operating Activity

Activities that constitute the core business functions, generating revenue and incurring expenses through day-to-day operations.

Accounts Receivable

The total finances that are due to a company from its customers for goods or services that have already been delivered or utilized, but payment has not been received.