Which of the Following Workers Would Be the Best Example

question 222

Multiple Choice

Which of the following workers would be the best example of a contingent worker?

• A) an assembly-line worker who belongs to a union and has 17 years of seniority
• B) an accountant hired to help during the busy tax season
• C) an elementary school teacher who just received tenure
• D) an electrical engineer who frequently travels out of the country to the various manufacturing facilities owned and operated by his firm

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Definitions:

Stock

Portions of equity in a company that signify an ownership interest and a right to its assets and profits.

Present Value

The monetary worth at present of a future sequence of payments or a single amount, calculated with a specific interest rate.

Preferred Stock

A type of stock that typically pays fixed dividends and has priority over common stock in the event of a liquidation.

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to a share of the company’s assets and profits.