Workers Cannot Be Required to Make Financial Contributions for Coverage

question 18

True/False

Workers cannot be required to make financial contributions for coverage under workers' compensation programs.

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Definitions:

Fair Market Value

Fair market value is the price at which an informed, willing, but not compelled buyer would pay to an informed, willing, but not compelled seller in an arm's-length transaction.

Adverse Possession

A principle in property law where a person who does not have legal title to a piece of property acquires legal ownership based on continuous possession of the property for a certain period of time.

Set Time Period

A specified duration during which certain actions, obligations, or conditions must be initiated or completed.

Involuntary Transfer

A change in the ownership of an asset, property, or right without the consent of its owner, often due to legal actions or corporate issues.