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B LAW Final
Terms in this set (25)
Under the employment-at-will doctrine, an employer can end an employment relationship at any time.
Jo works for Tall Tales Publishing, Inc. The basis for Jo's contribution under the Federal Insurance Contribution Act (FICA) is based on her
annual wage base.
A key employee is defined as an employee whose pay falls within the top 10 percent of the firm's workforce.
Mythic Games Company employs two hundred workers full-time. If Mythic Games plans to have a mass layoff, it must provide its employees with at least
sixty days of notice.
Whistleblower statutes protect employees from retaliatory discharge.
Workbilt Hardware Company employs workers, including Gina, at six locations in two states. Workbilt's discharge of Gina outside the terms of an employment contract may result in
Workbilt's liability for damages.
Dakota believes that Credit Services Corporation (CSC) has discriminated against her on the basis of gender. She files a suit against CSC under the Civil Rights Act of 1964. To establish a prima facie case of employment discrimination, Dakota must show that
she is a member of a protected class.
Samson is a government employee. Samson is limited in drug testing by the
Quinn is an employee of Regional Industries, Inc. Quinn is threatened with a discharge when he refuses a transfer to a Regional department in which several employees suffered serious injuries from exposure to hazardous chemicals. Quinn may be entitled to protection from discharge under
the Occupational Safety and Health Act.
Both employers and employees contribute to help pay for benefits that will partially make up for the employees' loss of income on retirement.
Nina is a director of Omega, Inc. Under the standard of due care owed by diof a corporation, Nina's decisions must be
informed and reasonable.
Wiley incorporates his business as Wiley Wire Corporation in Texas. He and his group of shareholders intend to make a profit from their sales of fencing wire. Wiley Wire Corporation is
a private corporation.
DeFazio's Italian Restaurants, Inc., holds a shareholders' meeting. Corporate business matters are presented at the meeting in the form of
Lyla is a common shareholder in Norman's Nutty Nuts Corporation. As a common shareholder, Lyla is
not guaranteed any payments of dividends.
Louise is a director for Icy Ices, Inc. Louise is also a director for Creamy Creams, Inc. When Icy Ices enters into a contract with Creamy Creams, Louise
must make a full disclosure of any conflicts of interest and abstain from voting on the proposed transaction.
Painless Dental Equipment Company is incorporated in Colorado. In Wyoming, Painless is
a foreign corporation.
Jean and Olivia want to form and do business as Cake Cups Corporation. A corporation is
an artificial legal person.
Thor Power Products Corporation permits its directors to be elected by cumulative voting. This
allows minority shareholders to be represented on the board.
Yellowbox, a DVD rental company, would like to change its corporate status to that of an S corporation to avoid intaxes at the corporate level. To qualify, Yellowbox must
be located in the United States.
A firm named Scientific Discovery Corporation (SDC) makes an attempt to incorporate for a purpose other than making a profit. SDC is
a nonprofit corporation.
Jen files a suit against Kopper Kettle Company. While the suit is pending, Kopper Kettle merges with Luminous Pans, Inc., with Luminous absorbing Kopper Kettle. Now, liability in the suit, if any, rests with
Eagle Financial Corporation merges with First Bank Corporation, with Eagle Financial absorbing First Bank. After the merger
Eagle Financial is the surviving corporation.
Great Gates, Inc. has a board of ten directors. Great Gates' bylaws do not state any quorum requirements. In most states, a quorum for Great Gates will be defined as
Eye Appliance Company and Fresh Views, Inc., wish to combine all of their assets, stock, and personnel into a new firm to be called Goggles Corporation. This is
Denise, Ervin, and Flem occupy the positions of directors on the board of Gallery Corporation. As directors, they may not
subordinate the corporation's welfare to their personal interests.
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