An Employee Who Reports an Employer's Illegal Action in Order

question 177

Multiple Choice

An employee who reports an employer's illegal action in order to expose unsafe conditions is ____ to be protected by the whistle blower exception than an employee who reports an employer's illegal action for private gain.

• A) less likely
• B) more likely
• C) just as likely
• D) more likely in southern states, but less likely in northern states
• E) none of the other choices are correct

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Definitions:

Discount Rate

The rate used to calculate the present value of future cash flows.

Conversion Premium

The additional cost over the par value at which a convertible security, like a bond or preferred stock, can be converted into common stock.

Pure Discount Bond

A type of bond that is issued at a discount to its face value and pays no interest but instead pays the face value at maturity.

Total Assets

The sum of all assets owned by a company, including cash, investments, property, and other resources.