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Employees Who Stay with a Company for Several Years Usually

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Employees who stay with a company for several years usually earn a higher salary than new employees.AXE Company experienced a loss for three quarters.The executives agreed that the best way to save money was to lay off all employees over 50 years of age because their salaries were the highest and that would save the most money.Does this violate a federal law? Explain your answer.


Definitions:

Deforestation

The clearing or removal of forests or trees from land which is then converted to non-forest use.

Fishery Collapse

A situation where fish populations decline to unsustainable levels, leading to a significant reduction or cessation of fishing activities in the affected area.

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, personal property, and intellectual property.

Explicit Property Right

A legal assurance that allows individuals or entities the exclusive control over the use, benefits, and disposal of a particular property.

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