Contracts of Indefinite Hiring

question 34

Multiple Choice

Contracts of indefinite hiring

• A)give rise to the most claims of unjust dismissal.
• B)are not subject to the Statute of Frauds.
• C)do not meet the four-fold test.
• D)exempt the employer from findings of vicarious liability.
• E)All of these.

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Definitions:

Activity At Capacity

The level of operations where a company or a production process is utilizing all available resources without any waste.

Fixed Manufacturing Overhead

Indirect manufacturing costs that do not change with the level of production, such as salaries of managers and depreciation of factory equipment.

Estimated Labor-Hours

A projection of the total hours of work required to complete a task or project.

Variable Manufacturing Overhead

The indirect, variable costs associated with manufacturing a product, which change in proportion to production volume.