Which of the following statements holds true for a Worker Adjustment and Retraining Notification (WARN) notice in cases involving the sale of a business?
A) Any required notice prior to the sale being completed is the responsibility of the seller.
B) The seller of the business holds the responsibility of issuing a WARN notice even after the date of the closing.
C) A failure on the part of the seller to issue a WARN notice results in a $1,000 fine.
D) The seller has to provide written notice to the federal government at least 90 days before the sale of the business.
E) The sale of a business mandatorily requires the WARN notice.
Correct Answer:
Verified
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