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Today's Terms
Reasonableness
Definition:
Although a certain rule might have been stated, one still needs to ask the question, for instance, "Was it reasonable to fire an employee for selling CDs in the breakroom"?
Panic
Definition:
A series of unexpected cash withdrawals from a bank caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.
Demand
Definition:
The total quantity of goods and services consumers are willing and able to buy at all possible prices during some time period.
More Labor Law Terms >
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