About ERISA, the Employee Retirement Income Security Act, it is correct to say that:

a. none of these
b. the law governs benefit plans broadly, not just pension plans
c. the law only applies to "welfare" plans
d. the law governs only pension plans


Ans: b. the law governs benefit plans broadly, not just pension plans

Business

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The offeror who makes a firm offer and promises to hold it open for six months:

A. cannot revoke the offer under any circumstances unless the offeree consents to the revocation. B. could revoke after six months, even if the offeree has already accepted the offer. C. could revoke after three months, even if the offeree has already accepted the offer. D. could revoke after three months, assuming the offeree has not already accepted the offer.

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For a nonprofit organization, its ________ has to help motivate donors, staff, volunteers, beneficiaries, and partners.

Fill in the blank(s) with the appropriate word(s).

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________ crimes require that the perpetrator intended to achieve a specific result from his illegal act.

A. General intent B. Nonintent C. Recklessness D. Specific intent

Business

Employees who are not motivated tend to perform just as effectively as those who are motivated

Indicate whether the statement is true or false.

Business