Employment-at-will is a pervasive law, originally designed to equalize employer/employee power. Explain the concept and the limitations of its use

What will be an ideal response?

Answer: Summary of suggested answer - This is a common-law rule regarding the employment relationship. It was adopted in the 19th century to protect both the employee and employer in acknowledgment of the symmetrical power relationship that existed at the time. It is especially important for small business. Employment at will permits both employee and employer to terminate the employment relationship without cause. It tends to favor the employer and may be limited due to public policy. Exceptions: lack of good faith, an implied contract.

Business

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A disadvantage of newspaper advertising is that it has _____

a. low geographic selectivity and flexibility b. limited color capabilities c. low individual market coverage d. high lead time

Business

A firm issues $200 million in straight bonds at par and a coupon rate of 7%. The firm pays fees of 4.0% on the face value of the bonds. What is the net amount of funds that the debt issue will provide for the firm?

A) $182.4 million B) $211 million C) $192 million D) $202 million

Business