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Joe had been working for Sam in a supervisory position for 14 years when Sam called him into the office, told him that he didn't have any more work for him to do, and told him that he would be expected to be off the job and the relationship terminated by the end of the month (1-1/2 weeks away). During his 14 years of employment, Joe had worked in a number of positions, but when he assumed his most recent supervisory position one year prior, he had signed an agreement stating that he was only entitled to one week's notice. This agreement also provided him with a substantial raise. Discuss the legal position of the parties.
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity demanded by consumers.
Supply Curve
Graphically represents the relationship between the price of a good and the quantity of that good that suppliers are willing and able to sell.
Quantity
The amount or number of a material or product available or produced.
Price
The expenditure foreseen, necessary, or allocated in trading for something.
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