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Dennis_Churaev [7]
3 years ago
15

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that is lower than the minimum wage. decided b

y the employer after mutual consent and agreement with the workers. a rate that is equal to the employer's regular rate of revenues. variable depending upon the particular job involved. a rate not less than one and one-half times the employee's regular rate of pay.
Business
1 answer:
bezimeni [28]3 years ago
4 0

Answer:

a rate not less than one and one-half times the employee's regular rate of pay.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.

All of the following were addressed by the Fair Labor Standards Act (FLSA):

I. Minimum wage.

II. Restrictions on child labor.

III. Overtime pay.

An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.

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Fredrick purchased a property worth $150,000 on mortgage. He paid $30,000 as a down payment on this property. However, a recent
Eva8 [605]

Answer:

Real estate short sale

Explanation:

Real estate is defined as a piece of land and any attached property that is constructed on it.

In real estate business a real estate short sale occurs when the person that owns a property decides to sell the property at a price that is less than the amount on the mortgage.

This usually occurs as a result of financial distress of the owner.

In the given scenario the property has a mortgage value of $150,000 and down payment of $30,000 has been made.

The mortgage amount is now $150,000 - $30,000 = $120,000

However they now sell the property for $115,000 which is less than the remaining mortgage value of $120,000.

This is and example of real estate short sale.

5 0
3 years ago
What law organized a way to divide and sell the land in the northwest territory?
padilas [110]
The land ordinance of 1785 was the law that organized a way to divide and sell the land in the northwest territory.  This law was the Ordinance of 1784 which was the resolution written by Thomas Jefferson who aims at the congress in order to call for an action. The law wants to fathom the mode of locating and disposing the lands in western territories in order to be used in other purposes.
8 0
3 years ago
To reduce potential liability, in which area should real estate professionals not provide expert information?
Mama L [17]

Real estate experts should not provide advice

on tax implications. this is because to offer such an advice the expert need training and knowlidge on state and federal tax laws. Tax laws are complex and varies from state to state which requires a considerable high level training. ina ddition, the laws keep on changing as new budgets are read,and the expert may not be conversant with any change.

5 0
3 years ago
Question 1 of 20
qaws [65]

Answer:

Historically, an initial public offering, or IPO, has referred to the first time a company

Explanation:

3 0
2 years ago
Read 2 more answers
Suppose that Michael’s Bowling Alley offers 50% off bowling on Mondays, and as a result, drink sales increase by 40%. What is th
leonid [27]

Answer:

-0.8

Explanation:

Cross elasticity of demand = % change in quantity demanded for the drink / % change in price of the bowling

cross elasticity = 40% / -50% = -0.8 since the price was reduced the change in price will be negative

5 0
3 years ago
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