Which of the Following Statements About Employee Benefits Is FALSE

question 37

Multiple Choice

Which of the following statements about employee benefits is FALSE?

• A) Benefits contribute to attracting,retaining,and motivating employees.
• B) The variety of available benefits also helps employers tailor their offerings to the kinds of employees they need.
• C) A large employer without health and retirement benefits would have difficulty competing in the labour market.
• D) Benefits are expected by many of today's employees.
• E) All of the statements are true.

---

Definitions:

Statutes Of Limitations

Laws that set the maximum time after an event within which legal proceedings may be initiated, thus limiting the duration a party can be sued or charged.

Inadequate Consideration

This term implies an agreement in which the value exchanged between two parties is significantly disproportionate, questioning the fairness of the deal.

Promissory Estoppel

A legal principle that prevents a promisor from denying the promise or going back on it if the promisee has reasonably relied on the promise to their detriment.

Promisee

The individual or entity to whom a promise or commitment is made in an agreement.