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Types of Agency Relationships in Business Law
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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?

    <p>To provide coverage for both employer and employee in case of an injury on the job</p> Signup and view all the answers

    What is the requirement of employers under OSHA?

    <p>To furnish employment and a safe work environment free from recognized hazards</p> Signup and view all the answers

    What is the right of plan participants under ERISA?

    <p>All of the above</p> Signup and view all the answers

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

    <p>To set safety standards and enforce OSHA through inspections and fines</p> Signup and view all the answers

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

    <p>To refrain from listening to private telephone conversations of employees or disclosing the content</p> Signup and view all the answers

    What is the provision of ERISA for plan participants?

    <p>To provide plan information and assurances of fiduciary responsibility</p> Signup and view all the answers

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

    <p>To provide coverage for both employer and employee in case of an injury on the job</p> Signup and view all the answers

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