Upon Completion of FMLA Leave, the Employee Will Return to Work

question 99

Multiple Choice

Upon completion of FMLA leave, the employee will return to work to:

• A)any open position
• B)an equivalent position
• C)a position of promotion
• D)any part-time position
• E)None of the above

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Definitions:

Par Value

The face value of a share of stock, as stated in the corporate charter, which may be unrelated to its market value.

No-Par Value Stock

Stock issued without a specified face value but which may have a stated value assigned by the company.

Stated Value

The value assigned to no-par-value stock by the board of directors of a company, which can then be used as the basis for accounting and legal purposes.

Dividends in Arrears

Unpaid dividends on cumulative preferred stock, which must be paid out before any dividends can be issued on common shares.