Medical Information on an Employee That Was Collected for Insurance

question 36

Multiple Choice

Medical information on an employee that was collected for insurance purposes

• A) can later be used as a part of evaluating the employee for a possible promotion.
• B) can be disclosed to a third party without the consent of the employee if the third party has a disclosure warrant.
• C) can be exchanged for another type of unknown information on the employee.
• D) can be released to the employee so that he or she will know what information about him or her is on file.

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Definitions:

Contractual Interest Rate

Rate used to determine the amount of cash interest the borrower pays and the investor receives.

Market Interest Rate

The rate investors demand for loaning funds to the corporation.

Interest-Bearing Notes

Interest-bearing notes are debt securities issued by entities that accrue interest over time, payable to the holder at maturity or periodically before then.

Bonds

Debt securities issued by corporations or governments to raise funds, promising to repay the borrowed amount plus interest to bondholders.