Author Question: As fiduciaries of the corporation, directors incur liability for losses when they are caused by bad ... (Read 156 times)

panfilo · **on:** Jun 24, 2018

As fiduciaries of the corporation, directors incur liability for losses when they are caused by bad faith.
Indicate whether the statement is true or false

Question 2

What is the procedure to file suit under Equal Pay Act?

diesoon · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

TRUE

Answer to Question 2

The Equal Pay Act is administered by the Equal Employment Opportunity Commission. There is no requirement that an individual filing a suit under the Equal Pay Act must file first with the EEOC. If the EEOC has filed a suit, it precludes individual suits on the same complaint. An individual suit must be filed within two years of the alleged violation.