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bixtya [17]
3 years ago
6

First Fidelity Insurance received a call from Second Fifth Bank regarding Margaret Gessner, a former Fidelity employee. Gessner

had been fired for embezzlement. Can First Fidelity disclose such information? Must First Fidelity disclose it?
Business
2 answers:
Andrej [43]3 years ago
8 0

Answer:

  • First Fidelity can disclose such information as Embezzlement is a serious financial offence
  • First Fidelity must disclose The information  

Explanation:

First Fidelity insurance is obligated by law to pass/give accurate information about an employee's abilities and characteristics as regards to performance at the place of work regardless if he/she is a current employee or a former employee.

Fifth Bank calling First Fidelity about an ex- employee that they would like to employ is one step that Fifth Bank would take in order to determine the credibility and trustworthiness of their prospective staff and First Fidelity disclosing the information that Margaret Gessner embezzled funds while working with them will help Second Fifth Bank make the best decision as regards employing her

kkurt [141]3 years ago
7 0

Answer:Students should discuss the issues of defamation as well as negligence if Fidelity fails to reveal the information to a potential employer, particularly a bank.

Explanation: Embezzlement is stern used to describe the misappropriation or theft of rounds placed under the care of a particular person, embezzlement is a criminal offense and it is punishable under the laws of the land.

Defamation is a term used to describe the various processes,steps or Activities through which a person or group of persons tends to falsely represent a person or an organisation's image.

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2 years ago
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Neal joins Filestene Inc. as an executive designer. The HR manager informs him that he will have to join the labor union within
Gnesinka [82]

Answer: (E) Union shop

Explanation:

 The union shop arrangement is refers to the process in which we require the number of workers for join and also participate in the specific union and it is also called as the post entry or the closed shop.

The workers or the union representatives also providing the various types of benefits in the specific time period. Depending on the different protection level the trade unions are varying nation to nations.

According to the given question, the Neal's human resource manager is basically referring to the union ship that is related to the union membership.    

Therefore, Option (E) is correct answer.  

7 0
3 years ago
Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construct
Rzqust [24]

Answer:

COMMERCIAL TRANSACTIONS for the sale of and payment for goods.        

Explanation:

In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.                        

3 0
3 years ago
Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with
vekshin1

Answer:

B. business format franchise

Explanation:

Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.

Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.

  1. Initial training
  2. Standardize build-out plans
  3. Operations manuals
  4. Continuous support
  5. Point-of-sale system education
  6. Key functionalities

Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.

In return, Joseph will be earning commissions from each franchisee based on the income of each of them.

3 0
3 years ago
You plan on making a $235.15 monthly deposit into an account that pays 3.2% interest, compounded monthly, for 20 years. At the e
erma4kov [3.2K]

Answer:

Monthly payment = $769.27

Explanation:

First we have to determine the future value of the ordinary annuity:

Payment = $235.15

N = 20 * 12 = 240

Rate = 3.2% / 12 = 0.267%

Using a financial calculator and the FV function, the FV = $78,910.41

Again, using the financial calculator or Excel, you can determine the monthly payment:

N = 10 / 12 = 120

Rate = 0.267%

PV = $78,910.41

FV = $0

Monthly payment = $769.27

8 0
3 years ago
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