A golden parachute provides automatic payments to top executives if their contracts are not renewed,regardless of the reason for nonrenewal.

Name: A golden parachute provides automatic payments to top executives if their contracts are not renewed,regardless of the reason for nonrenewal.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

A golden parachute typically provides compensation to executives if they are terminated due to a change in company control, such as a merger or acquisition, not simply for nonrenewal of contracts.

A Golden Parachute Provides Automatic Payments to Top Executives If