Which of the Following Is True Regarding Circumstances Under Which

question 69

Multiple Choice

Which of the following is true regarding circumstances under which an employer is required to offer an employee the option to continue medical benefits under COBRA?

• A) An employee does not have the option to continue medical benefits under COBRA if the employee is fired for gross misconduct, the employer decides to eliminate benefits for all current employees, or the employee quits without notice.
• B) The only circumstance under which an employee does not have the option to continue medical benefits under COBRA occurs when the employer decides to eliminate benefits for all current employees.
• C) The only circumstance under which an employee does not have the option to continue medical benefits under COBRA occurs when the employee is fired for gross misconduct.
• D) The two circumstances under which an employee does not have the option to continue medical benefits under COBRA occur when the employee is fired for gross misconduct and when the employer decides to eliminate benefits for all current employees.
• E) An employee does not have the option to continue medical benefits under COBRA if the employee is fired for gross misconduct, the employer decides to eliminate benefits for all current employees, or the employee is fired for cause.

Understand the implications of hardwired heuristics on the difficulty of changing behavior through information alone.

Grasp the concept of mental accounting and its influence on financial decision-making.

Understand the impact of social factors, such as the threat of rejection, on economic decisions.

Comprehend the concept of time inconsistency and its implications on decision-making.

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Definitions:

Identified Regulation

A type of motivation that occurs when an activity is valued and deemed important, thus accepted as personally significant.

Intrinsic Motivation

Involves being driven to engage in an activity for its own sake and the personal satisfaction it brings, rather than for some external reward.

Introjected Regulation

A form of internal motivation where individuals engage in a behavior not out of personal interest but because of internal pressures or obligations.

Amotivation

A lack of motivation or absence of intrinsic or extrinsic motivators to engage in an activity.