The Primary Purpose of the Toxic Substances Control Act Is

question 20

Multiple Choice

The primary purpose of the Toxic Substances Control Act is to

• A) force an early evaluation of suspect chemicals before they become economically important.
• B) slow down the introduction of new chemicals to encourage the use of already established chemicals.
• C) prevent the shipment of unsafe chemicals to foreign countries.
• D) create an organic environment for agriculture.
• E) identify water bodies for the safe disposal of toxic materials.

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Definitions:

Medicare Tax

A federal tax that funds Medicare, a healthcare program for individuals over 65 and some younger people with disabilities; deducted from employee wages with a matching amount paid by employers.

Time And A Half

The payment rate typically used for overtime work, equal to one and a half times the regular hourly wage.

Notes Payable

Short-term or long-term liabilities recorded when a business borrows money or purchases goods or services on credit with a formal written promise to pay.

Calendar-Year Company

A company that operates its fiscal year in alignment with the calendar year, beginning January 1st and ending December 31st.