Organizations That Are Formed in Order to Represent Their Members

question 80

Multiple Choice

Organizations that are formed in order to represent their members' interests while dealing with employers are known as

• A) employee guilds.
• B) sororities.
• C) lobbies.
• D) member clubs.
• E) labor unions.

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Definitions:

Tax Deductions

Expenses that can be subtracted from gross income to reduce the total amount of income tax owed.

Retirement Benefits

Financial support or services provided to employees after they exit the workforce, including pensions, health insurance, and other perks.

Independent Contractors

Individuals or entities contracted to perform work for another entity as non-employees, responsible for their own taxes and benefits.

Health Insurance Plans

These are contracts between individuals or their employers and health insurers to provide medical care and services to the insured, often in exchange for regular premiums.