Description: Drivers at Oakhurst Dairy in the State of Maine are happy about a missing comma. Oakhurst Dairy has agreed to pay the drivers $5 million in overtime pay to settle a dispute over whether or not the dairy industry was exempt from the overtime provisions of a State law. Drivers had claimed the placement of a comma meant that they were entitled to receive overtime pay for anything in excess of 40 hours per week.
Date: February 09, 2018
1) Has a grammar issue ever cost you on a university assignment?
2) What tips do you have on how to improve writing and grammar skills?
3) Look at the discussion on Provisions and Contingent Liabilities on page 533 in Wiley’s Financial Accounting: Tools for Business Decision Making. How might Oakhurst Dairy account for this legal dispute in its financial statements?