Which of the Following Individuals Would Be Considered Unemployed

question 58

Multiple Choice

Which of the following individuals would be considered unemployed?

• A)​a lawyer temporarily working as an assistant in a law firm
• B)​a computer technician who has not worked for 10 months and gave up looking 4 months ago
• C)​a full time student who feel that he is taking too many classes to work
• D)​none of the above

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Definitions:

Collateral Promise

A secondary promise to pay another person's debt only if that person fails to pay.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the parties involved to be legally enforceable.

Oral Contract

An agreement between parties spoken out loud and not written down, yet still legally binding under certain conditions.

Memorandum of Agreement

A document outlining an agreement between parties before finalizing a more formal contract, detailing the preliminary terms and conditions.