Fifty-Five Year Old Mark Has Worked with an Organization for 20

question 44

Multiple Choice

Fifty-five year old Mark has worked with an organization for 20 years and was looking forward to his impending promotion. During his annual appraisal, his supervisor stated that he had "put in enough time" and suggested he step down from his post since most executive employees retired at the age fifty five. In this instance, Mark does not need to resign since:

• A)he is physically fit to work.
• B)under Age Discrimination in Employment Act mandatory retirement of such executives prior to sixty-five is still prohibited.
• C)retirement will violate Americans with Disabilities Act.
• D)it is mandatory for his organization to hand him the promotion considering his age and level of experience.

---

Definitions:

Inflation

The quickening in the standard cost evaluation for goods and services, wearing down the strength to purchase.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.

Market Basket

A selection of goods and services used to track changes in prices and inflation over time.

Republic of Venice

A sovereign state and maritime republic from the 7th century to 1797, known for its economic, cultural, and military power in the Mediterranean region.