Which of the Following Statements Is Correct with Respect to Remedies

question 137

Multiple Choice

Which of the following statements is correct with respect to remedies for wrongful dismissal?

• A)The court will usually order the employer to take the employee back.
• B)The damages that are payable to the employee are calculated on the basis of what the employee would have received had he been given reasonable notice whether or not he gets another job.
• C)The court will issue an injunction to prevent the employer from hiring someone else to take the employee's place.
• D)If the employee gets another job within the period of notice he should have received,that will affect the amount of damages he will receive.
• E)It is up to the employee to determine the amount of notice he should have been given.

---

Definitions:

Liquidity Ratios

Financial metrics used to assess a firm's ability to meet its short-term obligations, with common examples including the current ratio and quick ratio.

Profitability Ratios

Ratios that compare income with one or more primary activities.

Net Profit Margin

A financial ratio representing the percentage of net income to sales revenue, indicating how much of each dollar earned by the company is translated into profits.

Return on Assets

A ratio indicating how efficiently a company is using its assets to generate profit, calculated as net income divided by total assets.