QUESTION 23 A worker who has completed five years of service shall, for each additional year of service, be entitled to severance/gratuity pay to be calculated as: Ⓒa. 21 days' wage b. 15 days' wage c. 24 days' wage d. 30 days' wage QUESTION 24 A definite term employment contract can only be terminated by mutual agreement if the worker's consent is given in writing. ( ) True False QUESTION 25 The partners in an LLC may stop the allocation of the reserve if it reaches: O a 10% of the capital b.25% of the capital c. 50% of the capital d. 40% of the capital QUESTION 26 The maximum number of the board of directors of a Public Joint Stock Company is 12 members. ( ) O True False
QUESTION 23 A worker who has completed five years of service shall, for each additional year of service, be entitled to severance/gratuity pay to be calculated as: Ⓒa. 21 days' wage b. 15 days' wage c. 24 days' wage d. 30 days' wage QUESTION 24 A definite term employment contract can only be terminated by mutual agreement if the worker's consent is given in writing. ( ) True False QUESTION 25 The partners in an LLC may stop the allocation of the reserve if it reaches: O a 10% of the capital b.25% of the capital c. 50% of the capital d. 40% of the capital QUESTION 26 The maximum number of the board of directors of a Public Joint Stock Company is 12 members. ( ) O True False
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education