Within the Context of Alternative Compensation Schemes, Which of the Following

question 27

Multiple Choice

Within the context of alternative compensation schemes, which of the following statements is TRUE?

• A)Alternative compensation schemes may apply whether the cause of the claimant's injury was innocent, accidental, or deliberate.
• B)Alternative compensation schemes are generally thought to be inefficient because they often fail to provide full compensation.
• C)Workers' compensation schemes were created in order to protect employers from vicarious liability.
• D)Parliament created a no-fault insurance scheme for automobile accidents that applies across the country.
• E)No-fault insurance schemes are funded with compulsory contributions by employers.

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Definitions:

Board Of Directors

A collection of persons chosen by the shareholders to supervise the corporation's management and make significant decisions on its behalf.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing the overall operations and resources of a company.