Exhibit 5-12

question 39

Multiple Choice

Exhibit 5-12.According to a Department of Labor report,the city of Detroit had a 20% unemployment rate in May of 2011 (Bureau of Labor Statistics,May,2011) .Eight working-age residents were chosen at random. Refer to Exhibit 5-12.What was the expected number of unemployed residents,when eight working-age residents were randomly selected?

• A)1.0
• B)1.6
• C)2.0
• D)6.4

Recognize the conditions under which liability for defamation and false imprisonment may arise.

Identify the circumstances under which competitive behavior crosses into wrongful interference with business.

Comprehend the legal principles surrounding compensatory and punitive damages in tort actions.

Distinguish between permissible competitive behavior and unlawful tortious conduct.

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Definitions:

Dismissed Executives

Senior employees who have been removed from their positions within a company, often due to performance issues, restructuring, or changes in strategic direction.

Lag The Market

A compensation strategy where an organization deliberately sets wage levels below the average market rate, often due to financial constraints or strategic choice.

Compensation Strategy

A plan established by an organization to determine how to reward employees effectively, taking into account salaries, benefits, bonuses, and other forms of compensation.

Turnover Costs

Expenses related to replacing employees who leave the organization, including recruitment, training, and lost productivity.