Courtney Was a Permanent Employee at a Public Elementary School

question 40

Multiple Choice

Courtney was a permanent employee at a public elementary school and had been working in the school's administrative department for more than two years.She worked for close to 30 hours a week.Her supervisor,along with a few other administrative workers,routinely took stationery and other supplies home for personal use.After Courtney reported the theft to the police and local newspaper,she was fired from her job without being given a notice.Which of the following is true in this scenario?

• A) Courtney does not have a cause of action for wrongful discharge.
• B) Courtney may have a cause of action pursuant to the whistle-blower protection statutes.
• C) Courtney is an at-will employee and can be terminated at any time for any reason.
• D) Courtney cannot sue her employer for retaliatory discharge as she is not engaging in a protected activity.

---

Definitions:

In the Money

A term describing an option contract that has intrinsic value, where the strike price is favorable compared to the market price of the underlying asset.

Expected to Expire

Refers to assets or rights that have a limited time frame before they cease to be valid.

Warrant

A financial instrument that gives the holder the right to purchase a company's stock at a specific price before a certain date.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specified time frame.