Which Type of Retirement Plan Would Not Be Available to a Corporation

question 7

Multiple Choice

Which type of retirement plan would not be available to a corporation with 3,000 employees?

• A)ESOP
• B)401(k)
• C)SIMPLE plan
• D)Profit sharing plan

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Definitions:

Judicial Activism

A judicial philosophy advocating for judges to go beyond the word of the law to consider broader societal implications and influence public policy through their decisions.

Constitutional Right

Rights afforded to individuals by the constitution of a country, often protecting liberties and freedoms from government infringement.

Right to Privacy

The concept that one's personal information is protected from public scrutiny and the government can't invade it without lawful cause.

Judicial Review

The power of courts to assess whether a law is in compliance with the constitution.