Which Statement Is True About the Hiring and Employment Process

question 56

Multiple Choice

Which statement is true about the hiring and employment process?

• A) A job description permits employers to rely on the preferences of their customers as a reason for discriminatory employment practices.
• B) A job specification describes the qualifications an employee needs, such as skills, educational experience, appearance, and physical attributes.
• C) According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will."
• D) In validating job specifications, a firm lists all pertinent details about a job, including its duties, responsibilities, working conditions, and physical requirements.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on the certificate. It is a legal amount per share that represents the minimum stock value.

Market Value

The prevailing cost to purchase or dispose of an asset or service in the market.

No-Par

Refers to stocks issued without a par value; no minimum value is assigned to these shares.

Corporate Charter

A legal document issued by a government, outlining a corporation's rights, privileges, and purpose.