A Common-Law Rule That Allows Employers the Right to Terminate

question 95

Multiple Choice

A common-law rule that allows employers the right to terminate employees at any time for any cause is best known as:

• A) due process.
• B) an implied contract.
• C) employment at will.
• D) a good faith contract.

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Definitions:

Interval Measure

A financial metric used to determine how long a company can operate with its available amount of current assets, calculated usually in months.

Time-Trend Analysis

A method of forecasting future data points by analyzing the patterns of historical data over time.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets.

Peer Group

A set of companies or individuals that share similar characteristics or interests, often used as a benchmark for performance comparison.