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Ex-employee threatens Legal Action

Ex-employee threatens Legal Action

An ex-employee is threatening lawsuit, who claims the company owes him $125,000 before he was fired. You are the accountant and you know that the accounts are in mess.
You find that actually the employee owes $25,000 to the company. You are eager to avoid the lawsuit and offer him to retain $25,000.
The ex-employee does not agree and insists he will go ahead with the lawsuit.
What is your next move?
Photo Adaptation / Pixabay / clker-free-vector-images-3736
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The mistakes we make in our everyday life

We human beings engage in thinking and decision making in our daily life. It is our ability to solve problems and choose the best course of action, which leads to better outcomes. But we also make systematic errors when we think and at times we don’t even realize. We fail to think clearly because of our emotions such as anger or fear and this leads to wrong decision making as well as avoidable harm.

These systematic errors are known as biases. We can learn, understand to notice these biases within us and around us. Once we know, then we can also take action to avoid these biases, prejudices and beliefs and act to avoid the harm. Biases are systematic and predictable errors we make.