Machine Corporation Requires Its Employees to Have a High School

question 13

Multiple Choice

Machine Corporation requires its employees to have a high school diploma, claiming a definite connection between a high school education and job performance. In a suit against Machine Corporation under Title VII, this requirement is shown to have a discriminatory effect. The employer has

• A) no defense.
• B) a bona fide occupational qualification defense.
• C) a business necessity defense.
• D) a seniority systems defense.

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Definitions:

Guaranteed Residual Value

The predetermined value at which a lessee can buy a leased asset at the end of the lease term, as guaranteed by the lessee or a third party.

Cost of Goods Sold

The specific expenses related to manufacturing the products that a business sells, encompassing labor and materials.

Present Value

The immediate worth of a forthcoming amount of money or stream of cash inflows, evaluated at a particular rate of return.

Undiscounted Value

The future cash flow or financial benefits of an investment without applying a discount rate to account for the time value of money or inherent risks.