A procedure whereby the employee and the company agree ahead of time that any problems will be addressed by agreed-upon means is known as ________

A) progressive disciplinary action
B) scheduled grievance procedure
C) alternative dispute resolution
D) neutral arbitration

Answer: C

Business

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Which of the following is not a condition in the determination of when a valid contract exists:

(a) The contract has to be in writing (b) The payment terms are identified (c) The parties have approved the contract (d) It is probable that the consideration will be collected

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The interest on corporate bonds is typically paid

A) quarterly. B) monthly. C) semiannually. D) annually.

Business