Training in and knowledge of equal employment opportunity (EEO) laws are essential for managers and supervisors because organizations can be held accountable and legally responsible for their managers' decisions.
Answer the following statement true (T) or false (F)
True
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Solomon breaches his contract with Neal to purchase the 500 pairs of socks he had promised to buy. Neal is able to sell the 500 pairs to Renny for a much lower amount. Neal then sues Solomon for damages. Neal will be able to recover:
a. the amount in the liquidated damages clause. b. the difference between Solomon's contract price and the amount paid by Renny. c. Solomon's contract price. d. an amount which depends on whether Solomon intentionally breached because he found cheaper socks somewhere else.
A law that regulates economic matters violates the equal protection clause.
Answer the following statement true (T) or false (F)
All of the following statements about the termination provisions of the PAP are true EXCEPT
A) The insured can cancel the policy for any reason. B) The insurer can cancel a newly-written policy if it has been in force for fewer than 60 days. C) The insurer can cancel the policy after it has been in force for 60 days only if the insured has three or more traffic violations. D) The insurer can refuse to renew the policy at its annual anniversary date as long as proper notice is given prior to the end of the policy period.
Explain the treatment of the dynamics of the volatility term for the Vasicek interest rate model
What will be an ideal response?