The Employment at Will Doctrine

question 44

Multiple Choice

The employment at will doctrine:

• A) forbids what reasonable people might consider capricious or unfair treatment of employees.
• B) prohibits an employee to terminate the employment relationship at any time without any valid reason.
• C) has been strengthened in recent times by court rulings that support employees' expectations of fair dealings.
• D) would allow a company to fire one employee for a transgression and retain another employee who engaged in similar behavior.

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Definitions:

General Journal

A fundamental accounting document where all kinds of financial transactions are initially recorded before they are transferred to specific accounts in the ledger.

Special Journal

A type of accounting journal designed for recording a specific type of transaction in a more efficient manner.

Sales Journal

A specialized accounting journal that records all credit sales transactions of a business.

Subsidiary Ledger

A detailed ledger used to track individual transactions related to a specific account, complementing the general ledger.