In Order for "Promissory Estoppel" Claim to Apply When a Job

question 3

True/False

In order for "promissory estoppel" claim to apply when a job offer is made, the offer recipient must suffer a detrimental effect.

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Definitions:

Total Excess

The amount by which returns on an investment exceed the benchmark or risk-free return over a specified period.

Bogey Portfolio

An investment portfolio that serves as a benchmark against which other portfolios' performances are measured.

Geometric Average

A method of calculating the average rate of return of a set of values multiplicatively linked together, commonly used to determine the performance of investments over time.

Compounding Principle

The process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.