Examlex
Go Orange Electronics has been manufacturing computers since 1979.It employs approximately 2700 employees.In 1987,the company's EEO Department advised management that 97% of the company's supervisors were White,although the company's workforce was 38% other than White.The company decided to implement a voluntary affirmative action plan which would reserve 25% of each supervisory training class for blacks and other minorities until such time as the percentage of minorities that were supervisors was representative of the available minorities in the local labor force.
Attachment
A legal procedure by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor.
Security Interest
A legal claim or right granted by a debtor to a creditor over the debtor’s property, which secures payment or performance of an obligation.
Debtor
An entity or person that owes money to another, the lender or creditor.
Consideration
An essential element in contract law, referring to the exchange of something of value between parties as part of an agreement.
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