What are ESOPs?

What will be an ideal response?


ESOPs, as employee stock ownership plans are commonly called, are a relatively recent development in reward systems. They are somewhat like gain-sharing plans, a form of group incentive. Under ESOPs, companies make contributions of stock (or cash to purchase stock) to employees.

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Image does not play an important role in getting the respect of others

Indicate whether the statement is true or false

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One advantage of factoring accounts receivable is the ability it gives a firm to turn accounts receivable immediately into cash without having to worry about repayment

Indicate whether the statement is true or false

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Describe the disability insurance features that make sense

What will be an ideal response?

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The federal Clean Air Act sets specific pollution standards. California adopts even stricter pollution standards instate. This standard is likely to be found:

a. unconstitutional; states may not pass regulatory standards different than those of Congress b. unconstitutional; states may not pass stronger regulatory standards than those of Congress c. unconstitutional; the standard reduces the ability of California to compete in interstate commerce d. constitutional; the standard does not favor California businesses e. constitutional; the necessary and proper clause lets states pass regulations needed for local conditions

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