Which of the Following Statements About Laws Requiring Employers to Provide

question 43

Multiple Choice

Which of the following statements about laws requiring employers to provide services and benefits to their employers is true?

• A) The first law that actually dealt with employee benefits was passed in 1972.
• B) The Pregnancy Discrimination Act requires employers to grant equal benefits for pregnancy as for other disabilities
• C) The Family and Medical Leave Act requires all employers to grant an employee up to twelve weeks unpaid leave annually.
• D) The Employee Retirement Income Security Act was designed to protect the interests of workers covered by private retirement plans.
• E) The Economic Recovery Tax Act gave employers tax credit for providing health benefits for their employees.

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Definitions:

Equity Financing

The sale of shares of stock in exchange for cash.

Shares Of Stock

Units of ownership interest in a corporation or financial asset, which provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Cash

Physical or digital money in hand or readily available for transactions or use.

Convertible Debt

A short-term loan that can be turned into equity when future financing is issued.