Explain the concept of federalism
What will be an ideal response?
In the United States, government operates under a principle called federalism.
Two separate governments, federal and state, regulate citizens. The federal governmenthas limited power over all fifty states. State governments have power to regulatewithin their state boundaries. State powers are also limited in the sense that statescannot make laws that conflict with the laws of the federal government.
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A pension plan provides for future retirement income based on the employee's earnings and length of service with the company. This type of pension plan is termed a
A) contributory plan. B) defined contribution plan. C) noncontributory plan. D) defined benefit plan.
More people get jobs through ______, due to networking, than any other method.
a. advertising b. agencies c. employee referrals d. walk-ins
The adult party to a contract with a minor has the option of choosing whether to enforce the
contract. Indicate whether the statement is true or false
A stock insurance company is owned by its policyholders.
Answer the following statement true (T) or false (F)