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An employee submitted a letter of resignation and notifying his employer that he is leaving the company after thirty days as required in his employment contract. The employer did not pay his last month salary which is his period of notice. The employee wanted to file a lawsuit against his employer requesting that his employer to pay his salary during his notice period as stipulated in the Labor Law and in his employment contract with the company.
If you were the employee how do initiate the law suit against the employer. Describe the litigation process in the UAE Labor Court and the subsequent process if the case is not settled.
Under which Article of the Labor Law would you use to file this claim?
What do you think of your chances in this suit?
What is the ex-dividend price of a share in a perfect capital market - What net tax savings per share for an investor would result from this decision?
Discuss the compensation and/or benefits strategies organizations have utilized related to the calculation of employees vacation time, along with a review of their success and failure. Information regarding other organizations should be gathered thro..
A bakery enters into 50 long wheat futures contracts (each contract is for 50,000 bushels) on the CBoT (Chicago Board of Trade) at a futures price of $3.52/bushel. It closes out the contracts at maturity. The spot price at this time is $3.59/ bushel...
Define and then discuss the advantages and disadvantages of the following evaluation criteria; (1) the payback method; (2) the Net Present Value method; and (3) the Internal Rate of Return method. In your answer be clear to state the decision rule fo..
Which of the following would not be considered in the fixed charge coverage ratio?
A baker uses organic flour from a local farmer in all of his baked goods. For each batch of bread (x1), he uses 4 lbs. For a batch of cookies (x2), he uses 3 pounds, and for a batch of muffins (x3) he uses 2 pounds. The local farmer can supply him wi..
Pendergast, Inc., has no debt outstanding and a total market value of $180,000. Earnings before interest and taxes, EBIT, are projected to be $23,000 if economic conditions are normal. Calculate return on equity (ROE) under each of the three economic..
Whether to cut it into one 2 meter length, one 3 meter length and one 5 meter length. Model the problem as a linear programming problem.
Flyin‘ Ryan‘s Tire Sales is considering the purchase of new tire balancing equipment. The machine will cost $12,600 and have an annual savings of $1,500 with a salvage value at the end of 12 years of $250. If MARR is 6%, calculate the pre-tax Benefit..
A company contributes 11% of total compensation into Profit Sharing Plans on the basis of Age Weighted Plan. It uses 8% as interest factor and pays the following compensation to its three employees: Elizabeth (age 55): $175,000; Santiago (age 41): $1..
Sarah was contemplating making a contribution to her traditional IRA in 2014. She determined she would contribute $5,000 in December 2014, but forgot about making the contribution until she was preparing her 2014 tax return in February 2015. Use the ..
Newton Kris's plans to give her son $12500 when he is 21 which will be 5 years from now. if Newton finds an investment that will pay 8% compounded semiannually compute the amount that he must invest today to achieve his goal.
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