The Primary Goal of State Workers' Compensation Laws Is Best

question 7

Multiple Choice

The primary goal of state workers' compensation laws is best described as:

• A) providing a means for injured workers to receive care and income without having to sue.
• B) determining the cause of work-related accidents and minimizing future accidents.
• C) ensuring that employers are not held responsible for accidents caused by worker negligence.
• D) spreading the cost of workplace accidents among all workers in the state.

---

Definitions:

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a specified person.

FTC Rule 433

Also known as the "Holder in Due Course" rule, which protects consumers entering into credit contracts by preserving their claims and defenses against the seller.

Consumer Credit Transaction

A financial agreement in which a consumer receives something of value now and agrees to repay the lender at a future date, often with interest.

HDC Doctrine

The Holder in Due Course Doctrine, which provides protection to purchasers of debt instruments under certain conditions.