QUESTION 24 A definite term employment contract can only be terminated by mutual agreement if the worker's consent is given in writing.( ) O 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 O 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 O False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Q24,25,26

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:
O 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
O 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. ( )
True
False
Transcribed Image Text: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: O 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 O 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. ( ) True False
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