https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png 0 0 milton https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png milton2020-10-10 01:02:502020-10-10 01:02:50Alpha Co., which carries out its operations in Alabama, has 200 full-time employees. It plans to clo
Alpha Co., which carries out its operations in Alabama, has 200 full-time employees. It plans to close one of its locations in 30 days, which will result in the loss of 50 jobs if it cannot secure a low-interest loan. During the 30-day period, Alpha did not apply for any loan. Which of the following situations would not exempt Alpha Co. from the notice requirement of laying off its employees? Multiple Choice The company is not acting in accordance with the covenant of good faith and fair dealing. The company is planning to stop the production of one of its products and divert the resources toward improving the quality of other products. The company is planning to diversify its business in an unrelated area. The company decided to sell off all of its assets at a substantial discount.