All of the Following Are True Concerning the Occupational Safety

question 81

Multiple Choice

All of the following are true concerning the Occupational Safety and Health Act EXCEPT:

• A) penalties for violations are civil only.
• B) OSHA develops standards,conducts inspections,monitors compliance with standards,and institutes enforcement actions against those not in compliance.
• C) a stated purpose of the Act is to encourage state participation in regulating safety and health.
• D) the Act prohibits an employer from discharging an employee who exercises rights under the Act.

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Definitions:

Issuing Companies

Corporations or entities that offer financial securities, like stocks or bonds, to the public in order to raise capital.

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of the company's shares at certain times during their life, usually at the discretion of the bondholder.

Restrictive Clauses

Provisions in contracts that limit certain activities or behaviors to protect contractual interests, often found in loan agreements and employment contracts.

Senior Debt

Debt that has priority over other unsecured or otherwise more junior debt owed by the issuer in the case of bankruptcy.