What Is the Relationship Between the German State and the Policy

question 18

Multiple Choice

What is the relationship between the German state and the policy of neocorporatism?

• A) The German state's role in the neocorporatist model involves bringing unions and private business into negotiations over labor policy.
• B) The German state's role in the neocorporatist model involves restricting the ability of labor unions to influence the board decisions of private firms.
• C) The German state's role in the neocorporatist model is minimal; it tries to allow private businesses and unions to develop economic policy without interference.
• D) The German state's role in the neocorporatist model is restricted to the application of court judgments to business disagreements.

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Definitions:

Security Interests

A legal claim or right granted over an asset to secure the performance of an obligation, typically the repayment of a loan.

Foreclosure

The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Mortgage Holder

An entity or individual who holds the lien on a property; typically, this is the lender in a mortgage agreement.

Mortgage Debt

The amount of money a borrower owes to a lender, secured by real property through a mortgage agreement.