Examlex
Garin is an HR manager preparing a message to his company's employees, explaining the company's new policy of valuing diversity. Which statement should he use to express the best business case for valuing diversity?
Past Consideration
Something completed before an agreement is made; it is not valid consideration.
Early Repayment
The act of paying off a loan or mortgage before the agreed-upon due date, often resulting in financial penalties.
Equitable Estoppel
A legal defense tool that prevents a party from taking back a promise or from arguing against facts they previously admitted to, when another party has relied on that promise or those facts.
Legal Obligation
A duty enforced by law, requiring an individual or entity to conform to certain conduct or to refrain from certain actions.
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