After James reported misappropriation of assets to the hospital’s administrators, his supervisor started scheduling him to work undesirable shifts when he could not adequately perform his duties. James eventually quit his job. It appears James experienced ______.
A. wrongful discharge
B. discrimination
C. constructive discharge
D. reverse discrimination
C. constructive discharge
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Typically, focus on the refusal rather than on the reasons for the refusal
Indicate whether the statement is true or false
Ryan, a minor, contracted to sell his auto to Ed, a 28-year-old. Ryan later refused to complete the sale. If Ed sues to enforce the contract, Ed will
a. win because Ryan was the seller. b. win because minors can only avoid contracts for the sale of land. c. lose, as the contract is void. d. lose, because the contract is voidable by Ryan.
When an investment banking firm "underwrites" an issue of securities, the firm is performing
which of the following? A) offering to purchase the securities from the firm, thereby assuming the risk of resale to investors B) agreeing to provide insurance that the firm's securities will sell for a price that is established by the firm C) giving legal advice to the firm that is issuing the securities D) agreeing to market the securities to investors for a fee
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.8%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks?
A. 2.07% B. 2.00% C. 1.73% D. 1.71% E. 2.12%