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The formula for present value is:
Implied Duties
Obligations that, while not explicitly stated in a contract, are understood to be part of the agreement based on conduct, custom, or law.
Reasonable Orders
Directives or commands that are considered fair and sensible within a specific context, such as employment or military service.
Confidential Information
Information not publicly available that is guarded for its sensitive nature, including trade secrets or personal data.
Bona Fide Occupational Requirement
A criterion for job positions that is legitimately necessary for the performance of a job, even if it discriminates on certain grounds, under legal justification.
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