Author Question: The Code permits individual debtors (but not organizations) to keep some property for themselves. ... (Read 43 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
The Code permits individual debtors (but not organizations) to keep some property for themselves.
  Indicate whether the statement is true or false

Question 2

What significance is applied to classifying front pay as appropriate equitable relief rather than as damages in the calculation of liquidated damages?



Dunkey

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

T

Answer to Question 2

The liquidated damages award is affected by whether front pay is classified as damages under clause (a)(1)(A)(I) or equitable relief under clause (a)(1)(B) because relief classified as equitable is not included in the calculation of liquidated damages. Citing federal case law, the court of appeals ruled front pay was equitable relief and therefore should not be included in the calculation of liquidated damages. Applying federal precedent, the Supreme Court of South Carolina held front pay is equitable relief under clause (a)(1)(B). Because liquidated damages do not include equitable relief, the court of appeals properly excluded front pay from the calculation of liquidated damages.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library