What Is the Name of the Defense an Employer Can

question 15

Multiple Choice

What is the name of the defense an employer can raise in response to a Title VII action,which allows the employer to give preferential treatment to employees based on their length of service?

• A)Loyalty defense
• B)Merit defense
• C)Time served defense
• D)Bona fide occupational qualification defense
• E)Seniority system defense

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Definitions:

Catastrophe Bonds

Insurance-linked securities issued by insurance companies to transfer major risks from the issuer to investors, typically used for natural disaster risks.

Asset-Backed Bonds

Bonds that are secured by a pool of assets, such as loans or receivables, which generate the cash flow to pay bondholders.

TIPS

Treasury Inflation-Protected Securities, a type of U.S. Treasury bond designed to help investors protect against inflation.

Maturity

The date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and is repaid to the investor.