Which of the following is true about enforcement of the OSH Act?
A. In the closing conference, all the findings of the inspection are kept confidential with the officers.
B. OSHA compliance officers do not entertain any kind of input or complaints from the employees during the inspection.
C. OSHA compliance officers notify the employers a month in advance before the inspection.
D. The OSHA compliance officer will seek a restraining order from the U.S. District Court, even if the inspection reveals that the problem is minor.
E. If an OSHA violation results in citations, the employer must post each citation in a prominent place near the location of the violation.
Answer: E. If an OSHA violation results in citations, the employer must post each citation in a prominent place near the location of the violation.
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Merry draws a check payable to "Cash" and presents it to National Bank for payment. This instrument is
a. a bearer instrument. b. an order instrument. c. valid but nonnegotiable. d. void.
Kay borrowed $200,000 for her business. First Bank loaned the money but required a surety and collateral. Kay put up her boat, valued at $110,000, and Anson agreed to guarantee the entire loan. After Kay had paid $50,000 of the loan, she asked First Bank to release the collateral since she wanted to sell it to her brother. The bank looked at her perfect payment record and agreed. Two weeks later,
she sold the business, took the boat to Brazil, and never was heard from again. Can First Bank collect from Anson? A) No, since they released the collateral B) Yes, but only $40,000 C) Yes, but only $90,000 D) Yes, and they can get the whole remaining obligation