Which One of the Following Statements About the Compensation Insurance

question 3

Multiple Choice

Which one of the following statements about the compensation insurance scheme under the Workers' Compensation Act is false?

• A) Businesses covered by the Act are required to contribute to a no-fault fund that is used to pay for job-related accidents and diseases.
• B) If the injury is caused by the worker's own careless conduct, he will still receive compensation under the Act.
• C) When a worker is injured on the job through the fault of someone other than his employer, he cannot claim under the Workers' Compensation provisions.
• D) Legislation sets rates of compensation to be paid for different types of injuries.
• E) Employers pay different premiums depending on the nature and danger of the industry.

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Definitions:

English

A West Germanic language originating in England, now the primary language of several countries and a global lingua franca for business, science, and diplomacy.

International Business

Engaging in commerce and trade activities that cross national boundaries, involving different cultures and economic systems.

Localization Approach

A strategy used by businesses that adapt their products, services, and operations to meet the cultural, regulatory, and market needs of different geographic locations.

Balance Sheet Approach

A method in international human resource management that aims to equalize the standard of living between the host country and the home country of an expatriate.