Which of the Following Two Statements Is a Positive Statement

question 1

Multiple Choice

Which of the following two statements is a positive statement? Which is a normative statement?
I. The federal minimum wage in 2014 was $7.25 an hour.
II. The minimum wage should be high enough that families will not live in poverty.

• A)I is positive; II is normative.
• B)I is positive; II is positive.
• C)I is normative; II is positive.
• D)I is normative; II is normative.

Understand the conditions under which a court will enforce or refuse to enforce a liquidated damage clause.

Determine the situations where specific performance is an appropriate remedy.

Understand what interests are protected by remedies for breach of contract.

Explain the difference between different types of damages in contract law (e.g., reliance, compensatory, nominal).

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Definitions:

Family and Medical Leave Act

A U.S. federal law that provides employees with unpaid leave for family and medical reasons, with the assurance of job protection.

Paid Leave

A policy allowing employees to take time off from work while still receiving compensation.

Shift Work

A work schedule that involves periods of work followed by periods of rest, allowing businesses to operate outside the standard 9 to 5 working hours.

Stay-at-home Dad

A father who chooses to be the primary caregiver of the children and the house while the partner works outside the home.