Lit1

Page 9 of 16 - About 155 Essays
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    Lit1 Task One

    Situation A The Family and Medical Leave Act (FMLA) provides qualifying employees with up to twelve weeks of unpaid, job-protected leave per year (“Leave Benefits”). Also, the FLMA requires that an employee’s group health benefits be maintained during the leave. Additionally, the Act allows for accrued paid time off to be used during the leave, allowing the employee to receive some sort of income. The FMLA applies to the first situation in the sense that an employee took a job-protected leave

    Words: 829 - Pages: 4

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    Lit1 Task 1

    Task 310.1.2-01-06 1. Sole Proprietorship - A sole proprietorship is any business that is owned and ran by the same individual. There is not a difference between the owner and the business. The owner IS the business. The advantages of this include the owner retaining all profits and being in direct control of all elements of the business. The disadvantages of this are that the owner is entirely responsible for debts, loans, losses, and this form of business cannot include a partner or co-owner

    Words: 1049 - Pages: 5

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    Lit1 Task 2

    Task 2 – Labor and Employment Law As requested I’ve reviewed the situation for each of the employee you mentioned. I’ve detailed my findings below. Situation A I reviewed FMLA requirements to Employee A’s situation. First, Family Medical Leave Act (FMLA) requires 1,250 hours and 12 months of employment at the company (Wage, 2010). Employee A has been with Company X for two years; therefore this requirement has been met. Second, Employee A’s situation, his wife gave birth to premature

    Words: 749 - Pages: 3

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    Lit1 Task 1

    310.1.2-01-06 Sole Proprietorship: Sole Proprietorship is the most common and most simplistic type of business. This model of business the owner and the business are one and the same. A sole proprietorship is unincorporated. Every form of business has advantages and disadvantages. As the owner you can organize, name and take the business as far as your aspirations take you, a sole proprietorship has risks; the responsibility of time, personnel, scheduling, recruiting and accounting management

    Words: 3101 - Pages: 13

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    Lit1 Task 2

    The Report Sole Proprietorship: * Liability - Unlimited Liability, the owner is personally liable for all the business debt and obligations. There is no legal distinction between owner and business. * Income Taxes - Tax planning can be difficult to take advantage of lower income tax rates, due to all the income generated by business is treated as personal income. * Longevity/Continuity - As long as the owner is alive the business can continue. * Control – The owner has full

    Words: 1289 - Pages: 6

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    Lit1 Task 1

    Examination of Situation A   In each case regarding FMLA, all data points need to be gathered before any request is granted. It is vital to determine whether the laborer is qualified for the leave and whether terms are met as stipulated under the Family and Medical Leave Act of 1993 (FMLA). The Act states that, in order for someone to utilize the leave he or she has to have been employed by the company for more than 12 months. Specialist A had worked for 24 months, and it can be determined that

    Words: 818 - Pages: 4

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    Lit1 Task 310

    The Family and Medical Leave Act The Family and Medical Leave Act of 1993, or FMLA, provides for the employment protection of individuals who take a leave of absence due to family and/or medical reasons. The birth of a child is one such reason. Three important provisions of FMLA are: • FMLA only applies to covered employers. Covered employers include private sector employers with 50 or more employees, public agencies regardless of number of employees, and primary and secondary schools regardless

    Words: 1022 - Pages: 5

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    Lit1 Task 1

    Part A – Sole Proprietorship The final control in a sole proprietorship goes to the owner directly, meaning a business is owned solely by a single individual. There are no other business partners. There are no board members. There are no stock holders. There are no department heads. The owner does not have to confer with anyone else regarding any decisions being made. The owner of the business and the business itself is viewed upon as one. As the sole proprietor of the business, the business

    Words: 3535 - Pages: 15

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    Lit1 Task 1

    Sole Proprietorship A sole proprietorship is the simplest form of business entity. Factually speaking it is not an entity at all in the way that a corporation exists as a legal entity. Rather, a sole proprietorship is the person conducting business. They are conducting business on behalf of themselves, they obligate the business personally, and they are personally responsible for all liabilities. Also, no special legal filings are needed outside of compulsory licenses that might be required

    Words: 2101 - Pages: 9

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    Lit1 Task 2

    M E M O R A N D U M TO: Director of Human Resources FROM: Nichole Highfill, Human Resources Compliance Coordinator DATE: 16 Aug, 2014 RE: Recent Compliance Disputes Thank you for your recent inquiries into our company’s compliance with federal and state regulations for discrimination in hiring and employment. After researching each of the 3 situations that you have brought to my attention, the following information contains the facts of the rule of the law and how it applies to each scenario

    Words: 1050 - Pages: 5

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