Answer:
C). It is for financial reasons or other legitimate business reasons.
Step-by-step explanation:
A contracted employee could be terminated on the basis of financial as well as other authorized or lawful reasons even if the performance of such the employee is up to the mark. The termination of the employee with no alternatives could be due to several business reasons like potential 'employee policy', requirement of staff for upcoming strategic plans or financial reasons that could be the current allocated budget of the company to hire(keep) the employees. Therefore, option C is the correct answer.