Examlex
Which of the following is an example of a principal/agent relationship?
Qualified Pension Plan
A retirement plan that meets requirements set by the IRS, offering tax benefits to the employer and protection for the employees.
Bankruptcy Code
The set of laws codified under Title 11 of the United States Code that governs bankruptcy proceedings in the United States.
Social Security
A government program designed to provide financial assistance to individuals during retirement, disability, or other situations leading to a loss of income.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure a debt or obligation, giving the lender rights to the property if the borrower defaults.
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