Ted was fined by his employer for soliciting support for the union during working hours on the factory floor. A week later, Ted was fired from his job for the same offence
Under which of the following principles could Ted be reinstated into the job?
a. the Globe doctrine
b. double jeopardy
c. the severability doctrine
d. obiter dictum
b
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How is net income adjusted for pension costs under the indirect method?
A) + pension expense - cash contributions B) + pension expense + cash contributions C) - pension expense + cash contributions D) None of these
Fraud consideration by auditors John Beasley is interviewing with public audit firms to become an auditor. John does not believe that fraud is a "big deal" in client organizations and argues that most individuals in management of companies are "honest
people". He believes that auditors are becoming too cynical. Describe your response to John's attitude and discuss the major types of fraud that occur in companies.