With _______,Employees Receive Stock Shares or the Value of the Stock

question 40

Multiple Choice

With _______,employees receive stock shares or the value of the stock upon retiring or leaving the company.

• A)treasury bills
• B)stock certificates
• C)ESOPs (employee stock ownership plans)
• D)stock options

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Definitions:

Negligence

The failure to take reasonable care to avoid causing injury or loss to another person, resulting in legal liability for any resulting damages.

Special Precautions

Additional safety measures or steps taken in specific situations to prevent harm or mitigate risk beyond what is normally required.

Direct Liability

Direct liability refers to a legal responsibility that arises from one's own actions or failures to act, leading directly to harm or damage.

Respondeat Superior

A judicial principle that assigns legal liability to an employer or principal for the wrongful actions performed by an employee or agent, providing these actions happened in the course of their employment or representation.