Anecdotal Notes

question 8

Multiple Choice

Anecdotal notes:

• A) should be completed only when there are performance concerns.
• B) can be used to support and justify fairness in termination discussions.
• C) are unnecessary if the evaluation instrument is thorough.
• D) need to be completed at the end of a performance period.

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Definitions:

Liability

A legal responsibility or obligation, particularly in the context of debts or torts.

Liquidated Damages Provision

A contractual clause that specifies a predetermined amount of money that must be paid as damages in the event of a contract breach by one of the parties.

Future Default

The possibility or likelihood of failing to make future payments on debt obligations.

Sufficiently Definite

A legal standard indicating that a contract or agreement contains clear, precise, and unambiguous terms that can be enforced.