The Old Age Security Act of 1951 Operated on the Principle

question 37

Multiple Choice

The Old Age Security Act of 1951 operated on the principle of

• A) social assistance
• B) social insurance
• C) social rights
• D) social protection
• E) social risk

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Definitions:

Employment Contract

A formal agreement specifying the terms and conditions of the relationship between an employer and an employee.

United Nations Convention

An international treaty formed by member states of the United Nations to address global issues.

Foreign Arbitral Awards

Judgments or decisions made in arbitrations held in a foreign country, which are recognized and can be enforced in other jurisdictions under certain international treaties.

Recognition

The acceptance or acknowledgment of something as valid, legal, or official.