"Love Contracts" Are Being Used by Executives When They Engage

question 31

Multiple Choice

"Love Contracts" are being used by executives when they engage in personal intimate relationships with co-workers

• A) to settle sexual harassment claims after the employee has filed a lawsuit against the employer.
• B) to settle sexual harassment claims after an employee has filed an official complaint according to the company's sexual harassment policy.
• C) to defend against sexual harassment claims by having the executive and the employee state that they both have entered into the relationship voluntarily and that they will use the company's sexual harassment policy to resolve any future problems.
• D) to prevent the employee from hiring a lawyer to draft a contract to resolve a sexual harassment claim filed by the employee.

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Definitions:

Patent

is a legal right granted to an inventor or assignee, providing exclusive rights to make, use, or sell an invention for a certain number of years in exchange for public disclosure of the invention.

Pure Monopolist

A market situation where a single seller controls all the supply of a product or service with no close substitutes.

Imperfectly Competitive

Describes market structures that do not meet the conditions of perfect competition, often characterized by the presence of market power held by firms.

Nondiscriminating Monopolist

A monopolist that charges a single price for all units of a product sold, rather than engaging in price discrimination among different consumers.