Which of the Following Would NOT Be a Good Reason

question 92

Multiple Choice

Which of the following would NOT be a good reason to hire a contractor?

• A)the job requirements are short in duration
• B)it is a policy of the company to hire only contractors to perform the job
• C)the job is not usually performed by regular employees
• D)the contractor has knowledge that is not normally part of the company's skillset

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Definitions:

Proxy

Grant of authority by a shareholder allowing for another individual to vote his or her shares.

Preferred Stock

A type of corporate share that is prioritized over common stock in terms of asset and income claims, usually with dividends paid out to these shareholders first.

Bankruptcy

The legal process through which individuals or businesses unable to pay their debts can seek relief from some or all of their liabilities.

Equity

The ownership interest of shareholders in a corporation, represented by their shares.