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If an Employee-Plaintiff Proves That the Employer-Defendant Willfully Violated the Age

question 23

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If an employee-plaintiff proves that the employer-defendant willfully violated the Age Discrimination in Employment Act (ADEA) ,then the court is also allowed to award liquidated damages:


Definitions:

Liquidity

A company’s ability to convert assets into cash.

Straight-Line Depreciation

A method of calculating the depreciation of an asset which spreads the cost evenly over its estimated useful life.

Useful Life

An estimate of the duration over which an asset is expected to be economically viable and operational in a business.

Average Rate of Return

A financial ratio showing the average annual return of an investment over its lifetime, calculated as the total expected return divided by the initial cost of the investment.

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