Exceptions to the Rule of Employment-At-Will Include Which of the Following

question 9

Multiple Choice

Exceptions to the rule of employment-at-will include which of the following?
I. organization of unions
II. passage of Sarbanes Oxley Act
III. raising of public policy issues
IV. promise of implied-contract or covenant-of-good-faith

• A) I only
• B) II only
• C) I and II
• D) I, II, III, IV

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Definitions:

Limited Partner

A limited partner is an investor in a partnership who is not involved in the day-to-day management and whose liability is limited to the amount invested in the business.

LLLP

A Limited Liability Limited Partnership (LLLP) is a form of partnership that provides limited liability to all its partners, combining characteristics of limited partnerships and limited liability partnerships.

LLC

Limited Liability Company, a flexible form of business enterprise that blends elements of partnership and corporate structures, providing limited liability to its owners.

Distributed First

A priority method in which resources or items are distributed initially before other actions are taken.