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CASE 14.3
A South Carolina inmate serving a twenty-five-year sentence for second-degree murder was recently diagnosed as HIV-positive. He had argued for years that he should be tested and believed the correctional facility did very little to accommodate this request. Given this information, answer the following questions.
-Following the above decision, the inmate's lawyer cited the case of Hope v. Pelzer, which ruled that:
Par Value
The nominal or face value of a stock or bond as stated by the issuer, which may differ from its market value.
Retirement
The act of leaving one's job and ceasing to work, typically upon reaching a predetermined age.
Gain or Loss
A financial result that occurs when the selling price of an asset differs from its initial purchase cost.
Callable Bonds
Securities that the issuer has the option to repurchase before they reach their due date, for a predetermined amount.
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