Examlex
A manager provides a favourable reference about a past employee who worked very well for her. This employee was then let go by his next employer for theft. The manager who provided the reference would be protected by the qualified privilege doctrine.
Salaries Payable
An account representing the amounts owed to employees for work performed but not yet paid.
Price/Earnings Ratio
A valuation metric for a stock, calculated by dividing the market price per share by the earnings per share.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenue.
Long-Run Safety
The assurance of safety and risk reduction measures over an extended period, aiming for sustainable protection against accidents or harm.
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