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Although ERISA Has Sweeping Preemptive Impact on Most State Laws

question 21

Multiple Choice

Although ERISA has sweeping preemptive impact on most state laws, it specifically exempts _____ from its preemptive powers.


Definitions:

Paralegal

A trained legal assistant who performs various legal tasks under the supervision of an attorney.

Corporate Securities

Financial instruments such as stocks and bonds issued by corporations to raise capital.

Professional Corporation

A type of corporate entity for which many states offer incorporation options, designed for professions where the practitioners require a license, like doctors or lawyers.

Law Firm

A business entity formed by one or more lawyers to engage in the practice of law, providing legal services to clients.

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