An Employee Dismissal That Does Not Comply with the Law

question 24

Multiple Choice

An employee dismissal that does not comply with the law or does not comply with a written or implied contractual arrangement is referred to as

• A)firing an employee.
• B)furloughing an employee.
• C)"at will"termination.
• D)wrongful dismissal.
• E)a contract violation.

---

Definitions:

Interest Rate

Interest rate is the percentage of principal charged by the lender for the use of its money or the return earned on deposited funds.

Future Value

The value of an investment at a specified date in the future that is equivalent in value to a specified sum today, after being compounded at a given interest rate.

Simple Interest

Interest calculated on the principal amount of a loan or deposit, without compounding.

Account Value

The total worth of a financial account, including cash, investment holdings, and any other assets minus liabilities.