Which of the Following Statements Is Correct

question 21

Multiple Choice

Which of the following statements is correct?

• A)All of the statements are correct.
• B)Individuals or companies usually establish a pension plan with a trustee.
• C)Retirement plans are generally not tax-free,only tax-deferred.
• D)In part,Congress established pension plan rules to encourage individuals to save for retirement.

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Definitions:

Qualified Privilege

A legal immunity granted under certain conditions, protecting individuals from liability for statements made without malice.

Innuendo

An implied statement that is detrimental to another.

Malice

The intention to do harm or act with ill will towards someone.

Defamation

A false statement made about an individual or business that causes harm to their reputation, which can be categorized as either slander (spoken) or libel (written).