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Artyom0805 [142]
3 years ago
11

Timothy is a construction worker in one of the leading firms of a city. His employment contract includes a clause that says he c

annot work as a construction worker within the city for fifteen years once he leaves the company.
This clause is:


A) Only illegal if it violates state or federal antitrust laws.

B) Illegal as a contract in restraint of trade.

C) Legal because the employer can add any constraint to the agreement.

D) Illegal as it is injurious to public service.
Business
1 answer:
podryga [215]3 years ago
5 0

Answer:

A clause that says Timothy (A construction worker) cannot work as a construction worker within the city for fifteen years once he leaves the company  is Legal because the employer can add any constraint to the agreement.

Explanation:

The provisions of employment contracts usually include an explanation of compensation, penalties and in peculiar cases post-employment clause.

Post-employment clause usually comes with additional benefits like payment of severance.

Enforcing an employment contract varies according to state laws. For this reason, before entering into a written employment contract, clean employee has to be clear on the terms and provisions of the contract because once you append your signature to any provision stipulated by the employer in the contract, it is binding.

Post-employment restrictive covenants are only useful to the employer if they can be enforced. Continued payment of severance often provides the employer with leverage when trying to enforce restrictive covenants in an employer's contract.  

Generally, the employer and employee must be in compliance with the employment contract.

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Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
Karo-lina-s [1.5K]

Answer:

44,780 units

Explanation:

When a company uses the weighted average method in its process costing system, the beginning inventory nor the units transferred in are included in the calculations for equivalent units. Only units transferred out and ending inventory are use to calculate equivalent units:

equivalent units = units transferred out + (ending inventory x % of completion)}

equivalent units = 37,100 units + (9,600 units x 80%) = 37,100 units + 7,680 units = 44,780 units

8 0
3 years ago
Identify which of the following would generate an increase in the market demand for tablet devices, which are a normal good.
seraphim [82]

Answer:

The correct answer is letter "D": An increase in the number of consumers in the market for tablet devices.

Explanation:

Several factors can make the quantity demanded of a product increase. Mainly, <em>when the price of that good or service decreases the quantity demanded increases</em> (demand theory). However, there are some other factors such as the increase of the same product consumers in the market, who will directly ask for the good or service.

6 0
3 years ago
Your cash t-account has a beginning debit balance of $5,000. New debits are $500 and new credits are three times new debits. Wha
gulaghasi [49]

Answer: 4000

Explanation:

7 0
3 years ago
If a company’s employees are found guilty of unethical behavior, the U.S. Sentencing Commission can impose a base fine and multi
Dafna1 [17]

Answer:

Yes

Explanation:

The first step is to compute the base fine by determining what level of offense has occurred.  After a base fine, the judge computes a culpability score, which is a way of assigning blame to the company. (This is important because the total fine is computed by multiplying the base fine by the culpability score).

The essence of the guidelines is not just to punish companies after their employees break the law, but rather to encourage companies to take proactive measures that will prevent white-collar crime before it happens.

8 0
3 years ago
Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $5.00. What was the growth rate in earnings per sh
liberstina [14]

Answer:

25.89%

Explanation:

With regards to the above information, initial earning = $0.50

Final earnings = $5.0

Number of periods = 10 years

We can formulate the above into an equation, which will now be:

$5.00 = $0.5 ( 1 + rate )^ 10

We can simplify furthermore.

1 + rate ^ 10 = 5 / 0.5

1 + rate ^ 10 = 10

1 + rate ^ 10 = 10^1/10

1 + rate = 10 ^ 0.1

1 t rate = 1.2589

rate = 1.2589 - 1

rate = 0.2589

rate = 25.89%

Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .

3 0
3 years ago
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