Marv is covered by a group health insurance plan at work. His employer funds the entire cost of the group health insurance. Because of this characteristic, the group health insurance plan can be described as

A) defined benefit.
B) contributory.
C) defined contribution.
D) noncontributory.


Answer: D

Business

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Bounded rationality assumes that the decision maker ________.

A) is completely rational B) relies entirely on emotions, intuitions, and biases C) relies on both rational and emotional thinking D) is completely irrational

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A. clearly communicate the standards and code of conduct to all employees B. be sure that the punishment fits the crime C. document discipline D. discipline in private E. monitoring

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Consumer Credit, Inc (CCI), lends $1,000 to Joe. Kay acts as Joe's surety. If Kay pays the loan, she gets A) any right that CCI had against Joe, but not a right to be repaid by Joe

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