When an Employee Leaves the Company Which of the Following

question 9

Multiple Choice

When an employee leaves the company which of the following is usually true?

• A) All outstanding employee stock options are forfeited
• B) Out-of the money employee stock options are forfeited
• C) All options which have vested are forfeited
• D) All options are retained

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Definitions:

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working conditions.

Charter of Rights and Freedoms

An essential legal charter in Canada assuring its citizens of foundational freedoms and rights.

Royal Assent

The final approval of the representative of the British Crown by which a bill becomes law in Canada.

Human Rights Legislation

Laws and regulations designed to protect individuals from discrimination and ensure equal opportunities for all, regardless of race, religion, gender, or other characteristics.