ABC Corporation Induced Computer Programmers to Leave Their Old Jobs

question 38

Multiple Choice

ABC Corporation induced computer programmers to leave their old jobs through the promise of higher salaries. However, when the programmers started to work for ABC, the company denied making any promises to them. Through its behaviour, what has ABC likely violated?

• A) implied covenant rules
• B) no laws-as long as there were no written guarantees, ABC cannot be held liable
• C) the job-as-right concept
• D) implied contract rules

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Definitions:

Cost of Goods Sold

The expenses directly tied to the creation of the products sold by a business.

Collections

The process of pursuing payments of debts owed by individuals or businesses, typically involving accounts receivable.

Accounts Receivable

The money owed to a company by its customers for goods or services delivered but not yet paid for.

Credit Sales

Sales made by a business where payment is deferred, allowing the customer to pay at a later date.