How much lump-sum payment is Jordan entitled to after terminating his employment?

To determine how much lump-sum payment Jordan is entitled to after terminating his employment, it's essential to consider factors typically involved in such calculations, including severance pay, unused vacation days, and any other contractual entitlements.

Receiving a payment of $40,000 may indicate that this amount includes the total of his severance pay, any accrued benefits or bonuses, and possible payouts for unused vacation time. This amount would generally reflect the standard entitlements based on his length of service, employment agreement, and the company's policies regarding termination.

The correct answer suggests that Jordan's total entitled amount is calculated based on these fundamental aspects, ensuring that he receives a fair and equitable sum upon leaving his job. This case likely highlights an understanding of employee rights and the financial implications of termination, reinforcing the importance of being well-informed about employment contracts and entitlements.