Regulation of Business Employment, Environment & Antitrust

Question 1

Workers’ compensation insurance is designed to compensate employees for injuries incurred on the job with assigning fault to: employer or employee?

Answer 1

None. Assigning fault to no one under workers’ comp insurance only.

Question 2

This act establishes requirements in retirement plans for the following: EMPLOYEE PARTICIPATION, VESTING, and FUNDING

Answer 2

Employee Retirement Income Security Act

Question 3

Workers’ compensation laws are based on: STRICT LIABILITY or COMPARATIVE NEGLIGENCE?

Answer 3

STRICT LIABILITY

Question 4

Workers’ compensation benefits provide full pay to disabled workers: TRUE or FALSE

Answer 4

FALSE.