Describe the Federal Unemployment Tax Act

What will be an ideal response?


In 1935, the U.S. Congress passed the Federal Unemployment Tax Act, which created a state system that provides unemployment compensation to qualified employees who lose their jobs. Under this act, employers pay taxes to the states. These tax dollars are deposited into the federal government's Unemployment Insurance Fund. Each state has an account from which to access the money in the fund. States then set up their own system of allocating these funds, determining such matters as how the amount of compensation is determined and how long it can be collected. Eligibility requirements must also be set, with most states requiring, at minimum, an applicant not to have been fired for just cause or not to have quit voluntarily. Some states' eligibility requirements are more generous than others. For example, although states generally require that employees did not voluntarily quit, some will still allow an employee to receive unemployment if he or she quit because of a compelling reason.

Business

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A salesperson should plan for full-line selling during the preapproach step of the sales process

Indicate whether the statement is true or false

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Which reason as to why the applicability of OD and practicing OD in a global environment is actually the same as assessing it in a single culture?

a. Culture-bound theory and practice b. Evaluation is difficult c. Variation in meaning d. Hidden assumptions about monolithic practices and values

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An ocean carrier is liable for its failure to use due diligence in providing a seaworthy ship at the beginning of the voyage

Indicate whether the statement is true or false

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Fred and Mary were married. Fred had executed a will prior to the marriage that left all of his property, both real and personal, to his mother. Fred later died without changing his will. Mary feels that she should be entitled to some of Fred's estate

While waiting for Fred's estate to be finalized, Mary remarries. Mary's second husband executes a will providing for Mary. Later, after Mary and her husband adopt two children, her second husband dies. Mary feels that her children should be entitled to receive something from her second husband's estate. Is Mary and, later, are her adopted children entitled to receive something under the wills?

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