Samantha Bradshaw Signed an Employment Contract with Soaks in the City

question 39

Multiple Choice

Samantha Bradshaw signed an employment contract with Soaks in the City to work as a hot tub sales clerk. The agreement included an arbitration agreement. After Samantha was denied a promotion she filed a charge of discrimination with the EEOC. The manager of Soaks told Samantha that her employment contract requires her to use arbitration to pursue her case instead of going to the EEOC.

• A) Samantha cannot pursue her claim of discrimination at the EEOC because she signed a contract agreeing to arbitration.
• B) The EEOC can take Samantha's case to court because it was not a party to the employment agreement.
• C) The EEOC can represent Samantha in the arbitration of her case because it is the official government agency for resolving complaints of discrimination.
• D) If the arbitration hearing is held and a decision is issued before the EEOC takes action it will be the final result for Samantha's claim.

Grasp the concepts and accounting treatments for the direct write-off and allowance methods for uncollectible accounts.

Understand the concept of a maturity date for a note receivable and how to calculate it.

Gain knowledge on the logistics and accounting implications of using credit cards in transactions and the flow of receivables.

Understand and apply Excel's basic operations and formulas.

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Definitions:

Windshield

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5th Wheel Pivot Pins

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Profitability Index

A calculation used to assess the desirability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.