Employers Set Up a Salary Reduction Agreement with the Employees

question 1

Multiple Choice

Employers set up a salary reduction agreement with the employees if:

• A)employees pay hospitalization charges for the pre-existing conditions.
• B)employees pay health care costs due to lapse of insurance coverage.
• C)employees need additional insurance benefits.
• D)employees do not look for ways to avoid exposure to health care loss before it occurs.
• E)employees are injured on the job or become ill through work-related causes.

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Definitions:

Assignor

An individual or entity that transfers the rights or interests of a contract to another party, known as the assignee.

Assignee

A party or person who receives rights or interests from another, referred to as the assignor.

Delegator

An individual or entity that assigns responsibility or authority to another party to carry out specific activities or tasks.

Tenants

Tenants are individuals or entities that occupy land or property rented from a landlord under a lease agreement.