Ricardo supervises a group of computer programmers. One of his employees, Natalia, frequently tells him about another employee's tardiness and penchant for two-hour lunches

After a few months, Ricardo fires this employee based on Natalia's information. Because Ricardo can back up his accusations with Natalia's statements, he is guaranteed to be protected in a wrongful discharge lawsuit. Indicate whether the statement is true or false

FALSE
Explanation: Courts have sided with terminated employees when not enough evidence of poor behavior is brought forth. Hearsay and rumors do not stand up in legal proceedings. Ricardo should have maintained solid records with documentation and evidence.

Business

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The duty to preserve evidence is triggered by the filing of a lawsuit

Indicate whether the statement is true or false

Business

Sam owns his own business. He has several different types of insurance policies to cover

various risks to his business. The policies have various coverage limits. Sam is considering purchasing a policy that would add coverage in excess of all these individual policies up to $1 million. The type of policy that Sam is interested in adding is: A) Group. B) Fidelity. C) Double indemnity. D) Comprehensive. E) Umbrella.

Business