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After Clair,a human resource manager,hears reports that some employees are drinking liquor on the job,she arranges to conduct a random search for evidence.Which of the following actions would be the most appropriate way for Clair's company to act fairly regarding employees' privacy in this scenario?
Simple Interest Rate
Interest calculated only on the principal amount, not on the interest earned in previous periods.
Term Of Loan
The duration scheduled for the repayment of the loan.
Simple Interest
A method of calculating the interest charge on a loan based on the original principal amount and the rate of interest per period.
Annum
A Latin term for year, often used in financial contexts to denote per year.
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