Some Companies Have A(n) _____ Policy Under Which an Employer

question 45

Multiple Choice

Some companies have a(n) _____ policy under which an employer refuses to hire or terminates a worker on the basis of the spouse's working at the same firm.

• A)anti-nepotism
• B)conflict-of-interest
• C)anti-fraternization
• D)antitrust

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Definitions:

Holder in Due Course

A person who has acquired a negotiable instrument in good faith and for value, therefore having certain legal protections.

Payee

The individual or entity to whom a check, draft, or promissory note is made payable.

First in Time

A principle stating that rights or privileges are assigned to those who are first to take action or establish legal claim.

Priority in Bankruptcy

The ranking order established by bankruptcy law that determines the sequence in which creditors are paid from a debtor's estate.