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Neporo4naja [7]
2 years ago
15

Curtis was recently laid off and was given severance pay on the condition that he agreed not to criticize the organization publi

cly. What is this an example of
Business
1 answer:
Luda [366]2 years ago
4 0

This is an example of a non-disparagement agreement.

<h3><u>What is a non-disparagement agreement?</u></h3>

A part of an agreement, such as an employment contract, separation agreement, or marital settlement agreement, stipulates that the involved parties are prohibited from making any negative statements, remarks, or representations about each other. Such clauses are in prevalent use to prevent (ex) employees from adversely affecting the business of employers with disparaging public statements either during or after the employment period has ended.

<h3><u>What Takes Place If a Non-Disparagement Clause Is Broken?</u></h3>

A non-disparagement agreement is still a contract with potential legal repercussions if you don't uphold your half of the bargain, just like any other legal instrument. A breach of a non-disparagement agreement typically has financial repercussions. You might be required to repay all or a portion of your severance pay if non-disparagement was a requirement for you to receive it, depending on the terms of the agreement.

Learn more about the non-disparagement agreement with the help of the given link:

brainly.com/question/14592097?referrer=searchResults

#SPJ4

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Cairns owns 80 percent of the voting stock of Hamilton, Inc. The parent’s interest was acquired several years ago on the date th
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Answer:

hello your question has a missing journal entry table attached below is the entry journal table completely filled

Explanation:

Amount of bonds acquired = 40% of original bond

i) Bonds payable = 40% * 1,300,000

                           = $520000

purchase price of bonds = $520000 * 96% ( FACE VALUE )

                                         = $499200

hence the annual amortization

(bonds payable - purchase price of bonds ) / 10 years - 2 years

(520000 - 499200 ) / 8  = $20800/8 = $2600

ii) premium on bonds payable

$20800 - $2600 = $18200

cash amount = $520000 * 8% = $41600

intra entity expense and income table is attached below

from the table

iii) intra-entity interest expense = $39000 and the

iv) intra-entity interest income = $44200

v) investment in bonds

purchase price of bonds + annual amortization

= $499200 + $2600 = $501800

the book value on bonds as at 1st January 2011

=$1300000 * 105% = $1365000

Premium on bonds as at January 1st 2011

= $1365000 - $1300000 = $65000

amortization of premium as at January 1st 2011

=( ($65000) / 10 years ) * 2 years

= $13000

hence the controlling interest in bonds payable = $540800

vi) gains on retirement bonds

=  $540800 - $499200 = $41600

attached below is the journal entry on 31st December 2013

5 0
3 years ago
The gross earnings of the factory workers for Larkin Company during the month of January are $91,000. The employer's payroll tax
cestrela7 [59]

Answer:

Explanation:

The journal entry is shown below:

(a) Factory Labor/Expenses A/c Dr $103,800

        To Factory wages payable               $91,000

         To Employer payroll taxes payable $7,700

         To Fringe benefits payable              $5,100

(Being labor expenses are recorded)

(b) Direct labor A/c Dr   $87192 ($103,800 × 84%)

    Indirect labor A/c Dr $16,608 ($103,800 × 16%)

          To Factory Labor                     $103,800

(Being factor labor is assigned)

7 0
3 years ago
You and your brother agree (your mother disagrees) to merge the corporation into a larger insignia brand of third-world
WINSTONCH [101]

Answer:

True

Explanation:

False was Incorrect on Edg so then theres only one answer left.

5 0
2 years ago
Read 2 more answers
Farm workers in Oaks Farmville face a 1/85 probability of death at work and each of them receives a yearly wage of $159,106. Far
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Answer:

$154,182.02

Explanation:

Probability of Farm workers in ( O.F ) facing death at work = 1/85 = 0.012

Probability of Farm workers in ( V.F ) facing death at work = 1/127 = 0.008

Value of a statistical life = $1,262,558

<u>Determine how much  the workers in less risky job should get paid </u>

The less risky job is working in Valley farm(V.F ) with a death probability of = 1/127 = 0.008

The more risky job is working in valley farm ( probability = 1/85 = 0.012 )

Yearly wage of risky job = $159106

payment for less risky job can be calculated using the relation below

statistical life = ( cost incurred to reduce risk) / ( percentage of risk to death reduced )  ---------------- ( 1 )

cost incurred to reduce risk =  yearly wage to high risk workers - yearly wage to low risk workers

 =  159106 - X

percentage of risk to death reduced = (probability of death to high risk workers) - ( probability of death to low risk worker )

= 1/85 - 1/127 = 0.0039

back to relation 1

1262558 = ( 159106 - X ) / ( 0.0039)

159106 - X = 1262558 ( 0.0039 )

hence X ( amount to be paid to workers in the less risky job )

X = 159106 - 4923.9762 = $154,182.02

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3 years ago
Is a form of unemployment that involves layoffs during recessions?
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Unemployment is the art of being jobless. Unemployment rate is the number of people unemployed as a percentage of labor force  where the labor force include those unemployed plus those in paid or self employment. There are several types of unemployment including, seasonal , cyclical, structural and frictional unemployment among others. In this case, cyclical employment involves layoffs during recessions.
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