Which of the Following Did the Government Establish to Compensate

question 84

Multiple Choice

Which of the following did the government establish to compensate employees for injuries,illnesses,and deaths that occur in the course of employment?

• A) occupational health and safety acts
• B) employment standards codes
• C) workers' compensation
• D) employment insurance

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Definitions:

Market Value

Market value is the estimated price at which an asset or service would trade in a competitive auction setting.

Employment Contract

A formal agreement between an employee and employer outlining job duties, compensation, and terms of employment.

Option Contract

A contract which grants the holder the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

Counteroffer

A counteroffer is a response to an original offer, modifying some of its terms and thereby rejecting the original offer.