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liberstina [14]
4 years ago
7

Rachael James just took a job with IKEA. As part of her employment agreement, IKEA required Rachael to sign an agreement, which

states that if she leaves IKEA, she will not work for a firm that competes against IKEA for at least two years. The agreement that Rachael signed is called a:_______.
a) non-disclosure agreement.
b) non-participate agreement.
c) non-challenge agreement.
d) non-compete agreement.
e) non-contend agreement.
Business
1 answer:
atroni [7]4 years ago
8 0

Answer: (D) Non-compete agreement

Explanation:

  The non- compete agreement is one of the type of contract in which the an employee are preventing and also discourage them for not leaving the position in an organization due to the competition.

The main objective of this agreement is is avoid the utilization of the confidential information or data by another firm through employee of that company.

According to the given question, the Rachael signed the Non-compete agreement as it is one of the employment agreement that if she leaving the IKEA organization for any reason then she will not be able to work with the company that is competes against the IKEA organization for the two years.  

  Therefore, Option (D) is correct answer.

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Guido Properties owes First State Bank $60 million under a 7% note with two years remaining to maturity. Due to financial diffic
Mademuasel [1]

Answer:

Explanation:

The journal entries are shown below:

Notes payable A/c Dr $60,000,000

Interest payable A/c Dr $4,200,000

        To Land A/c $32,000,000

        To Gain on transfer of land $12,000,000

        To gain on settlement of debt $20,200,000

(Being all transactions are recorded and the remaining balance is credited to the gain on settlement of debt)

The Gain on transfer of land is computed below:

= $44 million - $32 million

= $12 million

3 0
4 years ago
The fact that a decreasing number of companies owns an increasingly large share of the American media is a concern primarily bec
Roman55 [17]

Answer:

Concentration of Media ownership

Explanation:

Many sad consequences have risen due to this growing trend such as:

1. American media are becoming more loyal to advertisers and government rather than to remain neutral or loyal to the public interest.

2. The elites are controling media information.

Also leading to corporate censorship of the mass media.

6 0
4 years ago
An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor
nikitadnepr [17]

Answer:

the post money valuation of the company is $1,750,000

Explanation:

The computation of the post money valuation is shown below:

Given that

Value of 400,000 shares is  $1 million.

So,

The Value of 1 share is

= $1 million ÷ 400,000

= $2.5

And,  

Total number of shares is

= 400,000 + 200,000 + 100,000

= 700,000

Now  

Total value of shares is

= $2.5 × 700,000

= $1,750,000

hence, the post money valuation of the company is $1,750,000

6 0
3 years ago
GDP has grown in a country at 4% per year for the last 30 years. The labor force has grown at 1% per year and the quantity of ph
Elina [12.6K]

Answer:

4%

Explanation:

physical capital per worker has grown by = physical labor growth rate - labor force growth rate = 5% - 1% = 4%

Physical capital refers to the amount of equipment and physical structures used to produce goods and services. The physical capital per worker is a ratio that divides total physical output by the total labor force. An increase in the physical capital per worker should result in an increase in labor productivity. E.g. A delivery service uses a bicycle and is able to deliver 10 packages every 4 hours, but if they start to use a delivery truck, the delivery service will be able deliver 20 packages every 4 hours.

6 0
4 years ago
Paula used to check her voice mail each time she returned to her office after a meeting or break. Now she checks her voice mail
OverLord2011 [107]

Answer:

B, Paula will improve her work efficiency

Explanation:

Scheduling times to review voicemail messages is a time management and efficiency improvement skill.

This is because Paula has maximum concentration/dedication on/to whatever task Paula is working on without having to interupt her flow by going through voicemail messages intermittently. This dedication/concentration brings about an improved work efficiency in Paula and she can acheive a lot more than when she had no voicemail review schedule.

Cheers.

8 0
3 years ago
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