Most Nonqualified Plans

question 11

Multiple Choice

Most nonqualified plans:

• A)are designed to benefit the majority of employees in an organization.
• B)are designed for lower level employees and temporary workers.
• C)allow employer funding contributions to be deducted as a business expense.
• D)are intended to obtain tax benefits rather than employee satisfaction.
• E)are for executives and designed to benefit only a small group of highly paid executives.

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Definitions:

Trademark Infringement

The illicit application of a trademark or service mark to goods and/or services in a manner that poses a risk of causing confusion, misleading, or mistakes concerning the source of those goods and/or services.

Domain Name

An identification string that defines a realm of administrative autonomy, authority, or control within the Internet, corresponding to a particular website.

Copyright Infringement

The unauthorized use of copyrighted material without permission from the copyright holder, violating the holder's rights.

Random Access Memory

A type of computer memory that can be accessed randomly; any byte of memory can be accessed without touching the preceding bytes.