In the Event of a Reduction in Force,age Discrimination Is

question 26

Multiple Choice

In the event of a reduction in force,age discrimination is most likely to be proven where:

• A) the employer reinstates a discharged or demoted employee covered by the Age Discrimination in Employment Act at the employee's prior salary.
• B) the employer hires younger workers when the jobs become available after an employee was discharged at the prior salary of the older worker.
• C) the employee being discharged is younger than the employees being retained.
• D) the discharged employee is allowed to bump others with less seniority.

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Definitions:

Regular Interest

Interest that is paid at a standard rate on investments or charged on loans over a fixed period.

GIC

A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time.

Compounded Monthly

A finance term where interest is calculated and added to the principal balance each month, increasing the amount of future interest earned.

Periodic Payment

Payments made or received regularly over a specific period, often monthly or annually.