An Employer May Use the Greater Hazard Defense to an Occupational

question 48

Multiple Choice

An employer may use the greater hazard defense to an Occupational Safety and Health Act (OSHA) violation:

• A) where the harm was the result of reckless behavior by an employee.
• B) where an employee knew of the hazard involved in the workplace, chose to chance not being injured, and was in fact injured.
• C) where the employees refuse to adhere to the restrictions under the act.
• D) where the hazards of compliance with the standard are more than the hazards of noncompliance.

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Definitions:

Pre-Tax Net Profit

The amount of revenue left after deducting all operational, interest, and depreciation expenses, but before paying income taxes.

Black-Scholes Model

A mathematical model used for pricing options, considering factors such as the stock price, exercise price, and time until expiration.

Strike Price

The fixed price at which the holder of an option can purchase (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.