Which One of the Following Statements About the Compensation Insurance

question 144

Multiple Choice

Which one of the following statements about the compensation insurance scheme under the Workers' Compensation Act is false?

• A) When a worker is injured on the job through the fault of someone other than his employer, he cannot claim under the Workers' Compensation provisions.
• B) Employers pay different premiums depending on the nature and danger of the industry.
• C) Businesses covered by the Act are required to contribute to a no-fault fund that is used to pay for job-related accidents and diseases.
• D) Legislation sets rates of compensation to be paid for different types of injuries.
• E) If the injury is caused by the worker's own careless conduct, he will still receive compensation under the Act.

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Definitions:

Holder in Due Course

is a legal term for a person who has acquired a negotiable instrument in good faith and is protected against certain defenses, ensuring the enforceability of the instrument.

Negotiable Instrument

A paper ensuring the payment of a certain sum of money, either upon request or at a predetermined time, with the document specifying the person responsible for payment.

Rights

Entitlements or freedoms that are guaranteed by law, tradition, or ethical principles, which allow individuals to perform certain actions or claim specific benefits.

Maker

In legal or financial contexts, the party that creates or issues a promissory note, check, or other negotiable instrument.