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Types of Agency Relationships in Business Law

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Questions and Answers

What is the main purpose of the Employee Retirement Income Security Act?

To ensure employee privacy in the workplace
To set minimum standards for voluntarily established pension and health plans in private industry (correct)
To provide protection for individuals not enrolled in pension and health plans
To regulate the Occupational Safety and Health Administration

What is the responsibility of the Occupational Safety and Health Administration under OSHA?

To provide protection for individuals enrolled in pension and health plans
To establish pension and health plans for private industry
To regulate employee privacy in the workplace
To set safety standards and enforce OSHA through inspections and fines (correct)

What is the provision of the Omnibus Crime Control and Safe Streets Act of 1968?

Employers must provide pension and health plan participants with plan information
Employers cannot listen to private telephone conversations of employees or disclose the content (correct)
Employers must furnish a safe work environment free from recognized hazards
Employees have the right to sue for benefits and breaches of fiduciary duty

What is the purpose of the state workers' compensation program?

To provide coverage for both employer and employee in case of an injury on the job (C) Signup and view all the answers

What is the requirement of employers under OSHA?

To furnish employment and a safe work environment free from recognized hazards (D) Signup and view all the answers

What is the right of plan participants under ERISA?

All of the above (D) Signup and view all the answers

What is the role of the Occupational Safety and Health Administration?

To set safety standards and enforce OSHA through inspections and fines (A) Signup and view all the answers

What is the requirement of employers under the Omnibus Crime Control and Safe Streets Act of 1968?

To refrain from listening to private telephone conversations of employees or disclosing the content (A) Signup and view all the answers

What is the provision of ERISA for plan participants?

To provide plan information and assurances of fiduciary responsibility (A) Signup and view all the answers

What is the responsibility of employers under state workers' compensation program?

To provide coverage for both employer and employee in case of an injury on the job (B) Signup and view all the answers

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