What Is the Maximum Amount That Companies Are Permitted to Charge

question 6

Multiple Choice

What is the maximum amount that companies are permitted to charge COBRA beneficiaries?

• A)102 percent of all employees' annual pay
• B)102 percent of the employee's annual pay
• C)102 percent of the cost of health insurance to the beneficiary under the employer's plan
• D)102 percent of the federal poverty guidelines

Recognize when a contract is voidable due to material misrepresentation.

Identify the characteristics and formation of implied in fact contracts and express contracts.

Describe the basic requirements for a valid contract including the necessity of absence of invalidating conduct.

Comprehend when unilateral contracts are formed and how performance can signify acceptance.