Examlex
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
New Deal
Repair Defects
The process of identifying and correcting flaws or issues in products or systems.
FUTA
The Federal Unemployment Tax Act (FUTA) is a United States federal law that imposes a payroll tax on businesses to fund state workforce agencies.
Employer Only
A term that may refer to expenses or contributions that are solely the responsibility of the employer and not shared with employees.
Contingent Liability
A potential financial obligation that may arise in the future, depending on the outcome of a specific event.
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