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Marketing Essentials: The Deca Connection1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese 1,600 solutions Fabulous Fitness for Life ("FFL") is a partnership comprised of four partners. This partnership owns and operates a fitness center/gym. Partner A is at a trade show and sees a great deal on a set of workout equipment. Without consulting the other 3 partners, Partner A signs on the dotted line for FFL to purchase the equipment for $40,000 with payment due 30 days after delivery. When the equipment arrives the following week, Partner A is the
only partner on-site. Thrilled with his new purchase, he signs the required paperwork and takes delivery of the equipment. When the $40,000 bill arrives the following month, Partner B (who handles the finances) immediately calls a meeting of the partners to find out what's going on. Partner A apologizes that he forgot to let them know about the new equipment purchase and tells them how pleased the customers are with the equipment upgrade. Unfortunately, FFL is on shaky financial ground and
simply does not have the $40,000 to pay for this new equipment. In fact, it will likely have to close the business shortly for lack of funds. Java Joint, Inc. is a Delaware corporation owned by four brothers. The corporation owns a
coffee shop in West Haven, Connecticut called Java Joint. To save money, the brothers handled the incorporation of Java Joint, Inc. by themselves without using a lawyer. They filed the Certificate of Incorporation with the Delaware Secretary of State and paid the necessary filing fees to form Java Joint, Inc. However, they have not adopted any organizational documents for the corporation, they have not elected directors of the corporation and they haven't appointed any officers. To save money on
bank fees, they use one of the brother's personal bank account for the business. Lois Lender made a $10,000 loan to the corporation which is now in default. (The shareholders did not personally guarantee this loan.) The total balance due on the loan including unpaid interest is $13,500. In addition to suing the corporation, Lois is also suing each of the four brothers individually. What is true of a bona fide occupational qualification?A BFOQ allows employers to base employment decisions for a particular job on such factors as sex, religion or national origin if they are able to demonstrate that such factors are an essential qualification for performing a particular job.
Which statement best describes bona fide occupational qualifications?Which of the following best describes bona fide occupational qualifications? They can permit discrimination by an employer.
Which of the following statements is true of a bona fide occupational qualification group of answer choices?Which statement is true of a bona fide occupational qualification? It is used to deem disparate treatment illegal.
What is BFOQ quizlet?What does bona fide occupational qualification (BFOQ) mean? -Characteristic that is necessary to successfully perform the job. -Presenting enough evidence to suggest that a discriminatory practice has occurred.
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