I. TERM PROJECT Rump Case Hypothetical The Rump Organization The Rump.docx

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I. TERM PROJECT Rump Case Hypothetical The Rump Organization The Rump Organization ("Rump"), an SEC registrant, is a commer company that purchases and constructs commercial property. On the corporate restructuring plan, Rump's CEO, Ronald Rum to terminate 100 of the company's employees. C registrant, is a commercial real estate structs commercial property. On the basis of the Rump's CEO, Ronald Rump, and Rump's board of directors approve a plan The plan provides for each terminated employee to receive a lump-sum cash payment equal to month's salary only if the employee voluntarily signs a waiver of any right to legal action against Rump. Consistent with Rump's past practice, employees that refuse to sign the litigation waiver will not receive any of the severance benefits. Consider the following additional facts: The corporate restructuring plan identifies the number of employees to be terminated (i.e., 100), the job classifications and locations of each employee to be terminated, and the
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