If a Company Is Highly Leveraged, This Means That It

question 61

True/False

If a company is highly leveraged, this means that it has relatively low risk of not being able to repay its debt.

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Definitions:

Bona Fide Occupational Qualification

A legal term allowing employers to hire employees based on qualities that would typically be considered discrimination if they are reasonably necessary to the normal operation of a particular business.

Job Relatedness

The relevance or connection of a task or requirement to the core functions of a specific job position.

Bona Fide Seniority System

A legitimate system in a workplace that rewards employees based on length of service, often affecting pay and promotions.

Business Necessity

A legitimate, documented reason for a business action that is essential for the operation or survival of the business.