Philani Is a 55-Year-Old Worker Who, Despite Having a Very

question 119

Multiple Choice

Philani is a 55-year-old worker who, despite having a very good work record, has been passed up for promotion many times in favour of younger workers with lesser records. Philani is most likely a victim of

• A)the glass ceiling.
• B)pay discrimination.
• C)role conflict.
• D)age discrimination.

Distinguish between contracts that must be in writing and those that can be oral to be binding.

Acknowledge the role of digital records and electronic signatures in contract law.

Analyze the enforceability of contracts based on the intention of the parties and statutory requirements.

Identify circumstances under which a contract can be deemed void or unenforceable.

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Definitions:

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Marginal Costs

The price increase resulting from the creation of an additional unit of a product or service.

Marginal Costs

The heightened cost linked to the creation of an extra unit of a product or service.

Inverse Demand Function

A mathematical representation that expresses the price of a good or service as a function of the quantity demanded.