Clark Kent Has Been Hired by an HR Consulting Firm

question 103

Multiple Choice

Clark Kent has been hired by an HR consulting firm as an outplacement counselor.Clark will be trained in the company's copyrighted techniques and programs.As part of his employment contract,Clark must agree that if he quits or is terminated he will not work as a trainer for a rival outplacement company in a specified list of states for a period of one year.This is an example of a/an ____ clause.

• A) non-piracy
• B) non-compete
• C) non-solicitation
• D) unenforceable clause because it prevents Clark from making a living at his occupation.

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Definitions:

Traditional Format

In accounting, a conventional way of presenting financial statements that may include the income statement in a single-step or multi-step format, depending on the level of detail.

Cost Of Goods Sold

This is the direct costs attributable to the production of the goods sold in a company, including the cost of the materials and labor directly used to create the product.

Direct Manufacturing Cost

The total expense directly associated with the production of goods, including labor and materials.

Indirect Manufacturing Costs

Costs that cannot be directly linked to the production of specific goods or services, such as utilities and rental fees for manufacturing facilities.