Some types of requirements, although they favor one protected class of people over another, can be legally justified if they are a <u>business necessity</u> to the job or work the employee will do.
<h3>What is a
business necessity?</h3>
In the business sphere, the necessity refers to the legal concept used to justify an employer’s employment criteria that disproportionately affect a group of individuals. This justification resides in the possibility that a company has legitimate reasons to operate under such restrictive employment practices.
Because of this, a firm can favor one protected class of people over another, can be legally justified if they are a <u>business necessity</u> to the job or work the employee will do.
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Answer:
e. None of the above
Explanation:
In economics, positive statements consist of objective statements that individuals can put into test, amend, or reject by referring to the accessible evidence. Positive economics handles unbiased explanation and both testing and refusal of theories. In this case, none of the examples represent a positive statement.
Answer:
TRUE
Explanation:
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
The Coase Theorem also states that when conflicting property rights occur, bargaining between the parties involved will lead to an efficient outcome regardless of which party is ultimately awarded the property rights, as long as the transaction costs associated with bargaining are negligible. If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.
Answer:
Risky behavior can be caused by a variety of factors including bad influence, drugs and alcohol, or domestic problems
Explanation:
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