United states laws that prevent an employer

Assignment Help Accounting Basics
Reference no: EM13922622

1. Question : The United States has laws that prevent an employer from terminating employees without due cause.

2. Question : Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as a Whistle Co." to come in at night and clean the premises. Which situation is LEAST likely to result in liability for Peter?

3. Instructor Explanation: The answer can be found in Section 12:1 Agency: Tort Liability and Agency; Section 12.1 Agency: Principal's Liability for Agent's Contracts, in the text.

4. Question : An employer has a duty to indemnify, or compensate an employee for any losses suffered as a result of authorized legal acts that the employee performs under the employment agreement.

5. Question : Petra appoints Alexander as her real estate agent to help her buy a house. Harry appoints Alexander as his agent to help sell Harry's house. Alexander thinks Petra would like Harry's house, and would be willing to pay Harry's asking price. Which of the following can Alexander lawfully do?

6. Question : Peter tells Annabel to mark down all products 15% for a weekend sale. Annabel, correctly thinking that some items are so in demand they will still sell with only a 5% discount, sells some products with a 5% discount, some with 15%, and some with no discount at all. She keeps the extra as a bonus, figuring that Peter is expecting regular price minus 15%. All the inventory sells in the weekend sale. Which of the following is true?

7. Question : With authority, Ganeesh contracts to buy Sam's farm for Belinda. Because he believes that Sam will raise the price if he finds out that he is representing Belinda, Ganeesh does not tell Sam he is representing anyone. On the day of the closing, neither Ganeesh nor Belinda shows up. Which of the following statements is NOT true?

8. Question : If an agent is acting pursuant to a valid agency contract and she is not being paid for her services, she cannot be sued for breach of contract if she fails to act as promised.

9. Question : Without authority, Christina contracts on behalf of Lawrence, to buy Valeria's car for $3,000. Which of the following is true?

10. Question : Angelina is hired to work for Pupco Inc. for two years. Which of the following is true?

Reference no: EM13922622

Questions Cloud

Discussion of causal factors : Read the Chemical Safety Board's case study, The Explosion at Concept Sciences: Hazards of Hydroxylamine, regarding the February, discussion of causal factors
Contracts, legal reasoning, or employment law : Reflect for a moment on your ideas prior to taking this class about contracts, legal reasoning, or employment law. Has your understanding of these subjects changed or have your prior beliefs about these issues been confirmed? Will concepts learned..
Point-of-sale and inventory tracking : The point-of-sale, or POS, and inventory tracking systems for hospitality organizations integrate with the other information systems such as accounting and operations information systems
Write a communication plan outline : Write a Communication Plan Outline, Submit an outline of your Crisis Communication Plan. The Crisis Communication Plan can be for an organization of your choice and should, at a minimum, cover the elements discussed in Chapter 8 of the Walaski te..
United states laws that prevent an employer : Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as a Whistle Co." to come in at night and clean the premises. Which situation is LEAST likely to result in liability for ..
Stable workforce strategy for riordans electric fan products : At the China plant,Riordan uses a combination of stable workforce and chase strategy to manage manufacturing for its electric fan products. The stable workforce strategy is used for Riordan's electric fan products, excluding the customizable fans
Conduct an in-depth comparative analysis of each firm. : Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete.
Which sections of state nurse practice act did nurse violate : How should the nursing profession respond to this frightening new legal threat? Which sections of the State Nurse Practice Act did the nurses violate
Real, intellectual, and personal property : Real, Intellectual, and Personal Property. List two characteristics each of real, intellectual, and personal property. Do owners of real, intellectual, and personal property each have the same rights under the law? List how each type of property i..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd