Wellness Programs

question 88

Multiple Choice

Wellness programs

• A) are too expensive for most companies to afford.
• B) are desired by employees but don't provide value to the company.
• C) are becoming more prevalent as companies realize the benefits to the firm.
• D) attract prospective employees who then fail to take advantage of them.
• E) are facing legal challenges from the health-care industry.

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Definitions:

Economic Duress

A condition in which one is forced to engage in a financial transaction due to threats or pressures, rendering the agreement involuntary.

Irrevocable Offer

An offer that cannot be withdrawn or canceled by the offeror for a specified period, assuming the offeree has given some consideration in exchange for the offer's irrevocability.

Merchant

An individual or entity engaging in the selling of goods or services professionally or commercially.

UCC

Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the law.