Examlex

Solved

You Have Just Been Hired as the Administrative Assistant to the Vice

question 17

Essay

You have just been hired as the administrative assistant to the vice president of finance at XYZ Corporation. As part of your job, you will be issued a user ID and password to use the company's network. In addition, you will receive a company email account. You decide to research the law concerning privacy in relation to email correspondence. Why would XYZ Corporation be concerned with the correspondence of its employees?


Definitions:

Unsecured Creditor

A lender or creditor that extends credit without obtaining specific collateral, ranking below secured creditors in the event of a bankruptcy.

Perfect

To bring something to a state of completeness or flawlessness; in legal and financial contexts, to finalize or make an action legally binding.

Collateral

An asset offered to secure a loan or other credit, which can be seized by the lender if the loan is not repaid.

Automatic-Perfection Period

A specified timeframe following the attachment of a security interest during which the interest is considered perfected without filing.

Related Questions