_____ Plans Do Not Promise a Specific Benefit Level for Employees

question 12

Multiple Choice

_____ plans do not promise a specific benefit level for employees upon retirement. Rather, an individual account is set up for each employee with a guaranteed size of contribution.

• A)Defined benefit
• B)Term benefit
• C)Defined contribution
• D)Unspecified contribution
• E)Cash balance

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Definitions:

Collective Mark

A trademark or service mark used by the members of a cooperative, association, or other collective group to indicate membership in the group.

Palming Off

A form of trademark infringement where a seller misleads consumers into believing their products are those of another brand.

Unfair Competition

Dishonest or fraudulent rivalry, especially in business practices, that harms other competitors or consumers.

Collective Mark

A trademark or service mark used by members of a group to indicate membership or certify the origin, material, mode of manufacture, quality, or accuracy of their goods or services.