Discuss the Ramifications of Failing to Mitigate Losses Resulting from Wrongful

question 56

Essay

Discuss the ramifications of failing to mitigate losses resulting from wrongful termination of employment.List the factors that must be considered by a court in determining whether an employee's duty to mitigate requires them to move to find new employment.

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Definitions:

Expected Returns

The average amount of profit or loss an investment is expected to generate, based on historical data.

Portfolio Weights

The percentage composition of a particular holding relative to the total investment portfolio.

Risk-To-Reward Ratio

A benchmark used by investors to gauge the prospective returns of an investment in comparison to the risk associated with securing those returns.

Efficient Market

A type of market where all relevant information is rapidly and correctly reflected in securities prices, allowing them to be bought and sold at their fair value.