Which of the Following Statements About Early Retirement Is Most

question 180

Multiple Choice

Which of the following statements about early retirement is most accurate?

• A) Traditional early retirement plans are no longer legal because they represent age discrimination.
• B) An advantage of early retirement as a method of downsizing is that early retirement provides opportunities for younger employees to be promoted.
• C) Federal law requires firms to offer early retirement benefits to any worker who voluntarily offers to retire before the age of 60.
• D) Workers who receive an offer for early retirement are likely to gain by refusing the firm's first offer and holding out for a better deal.

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Definitions:

Chemical Weathering

The process by which rocks are decomposed, dissolved, or loosened by chemical processes, often involving water.

Dissolution

The process by which a solid substance is dissolved in a liquid, becoming a part of the liquid solution.

Oxidation

A chemical reaction where a substance loses electrons, often leading to rust formation in metals.

Hydrolysis

A decomposition reaction involving water and commonly producing clays, as in soil.