The Ability to Make the Life of a Business Independent

question 9

Multiple Choice

The ability to make the life of a business independent of that of the founder increases the _____ of the ownership interests, making it easier for the business to raise capital.

• A) non convertibility
• B) liquidity
• C) limitation
• D) risk

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Definitions:

Shift Workers

Employees who are scheduled to work at different times outside the typical 9 to 5 workday, including evening, night, or rotating shifts.

Overtime Rules

Regulations that govern how employees are to be compensated for work performed beyond their standard working hours.

Exempt Employees

Workers who are excluded from the minimum wage and overtime pay requirements of the Fair Labor Standards Act, typically due to their job duties and salary level.

Consolidated Omnibus Budget Reconciliation Act

A U.S. federal law that provides for the continuation of group health coverage that otherwise might be terminated.