Behalf of employees despite arbitration agreement

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Reference no: EM132241755

1. Which of the following has the authority to file discrimination lawsuits on behalf of employees despite an arbitration agreement?

A. Equal Employment Opportunity Commission

B. Pension Benefit Guaranty Corporation

C. The United States Civil Service Commission

D. The U.S. Securities and Exchange Commission

2. Reporting an employer's illegal activity is termed _____.

A. whistle-blowing

B. perjury

C. collusion

D. acketeering

3. A cash-on-demand plan is a defined benefit plan that acts somewhat like a defined contribution plan.

True/False

4. Under the Fair Labor Standards Act, employers must now pay double time for any work beyond 40 hours per week.

True/False

5. Which of the following is true of a cash balance plan?.Multiple Choice

A. The employees’ contributions in a cash balance plan are not accurately defined.

B. All of the investment risk in cash balance plans remains with the employees.

C. The benefits are expressed in periodic payment during retirement.

D. The benefits are expressed in terms of an accumulated lump sum.

6. Employers will be held liable under the doctrine of respondeat superior for harm to third parties caused by the intentional or negligent acts of their employees when those acts occur within the scope of employment.

True/False

7. Which of the following statements is true of defined benefit pensions?

A.They allow the employee’s money to vest more quickly than defined contribution plans.

B.They provide specified monthly payments upon retirement.

C.They are less expensive to manage from the employer’s perspective.

D.They shift the risk from employer to employee.

Reference no: EM132241755

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