Answer:
Perquisites.
Explanation:
Perquisite is defined as non wage compensation that an employee benefits in addition to normal salary.
When an employee exchanges his salary for some other form of compensation it is called salary packaging.
In this scenario the CEO enjoys benefits such as the use of a luxury summerhouse owned by the company for rest and relaxation with his family as well as a place to invite important clients before a lucrative business deal.
Also he has membership to an exclusive country club to its CEO.
Each culpable party is responsible for its proportionate share of the damages. Damages are always the responsibility of all negligent parties.
What is joint and several liability?
- Each party is individually liable for the entire extent of the damages caused by the tortious act when two or more people become jointly and severally responsible for that though.
- As a result, if a plaintiff obtains a monetary judgment against all of the parties, they may each be held liable for the full amount of the verdict.
- The other wrongdoers may then be asked to contribute to that party. The law of undivided injury is the name given to the idea of picking the defendant(s) against whom to seek damages.
The worrisome consequences are as previously mentioned, joint and several liability usually works in the plaintiff's favor because it raises the likelihood that every one of the damages granted will be recouped.
In contrast hand, it can be thought unjust for a party to suffer a disproportionate financial loss as a result of an unpleasant incident for which it had only a tiny responsibility.
Learn more about joint and several liability here:
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Answer:
The forecast inflation rate is implied by these interest rates is 1.13%
Explanation:
when dealing with inflation, we have that:
(1 + nominal interest rate) = (1 + real interest rate) * (1 + inflation rate)
1.0144 = 1.0031 * ( 1 + inflation rate)
inflation rate = 1.0144/1.0031 - 1
= 1.13%
Therefore, The forecast inflation rate is implied by these interest rates is 1.13%
Because the New Testament is about Jesus