Examlex
In a prima facie case of disparate impact discrimination, the claimant must establish that the claimant is a member of a protected class protected under Title VII and that:
I. the claimant applied for and was qualified for a job for which the employer was seeking applicants.
II. the claimant was rejected and, after the rejection, the position remained open.
III. the employer continued to seek applicants with the rejected applicant's qualifications.
Debenture Bonds
Fixed-interest unsecured loans issued by companies, backed only by the creditworthiness and reputation of the issuer, rather than by a lien on any specific asset.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to determine investment value.
Lease Agreement
A contract between two parties where one party agrees to rent property owned by another party, often specifying terms and conditions for use and payment.
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