The federal law that regulates companies that set up employee health and pension plans is known as "The Employee Retirement Income Security Act".
The Employee Retirement Income Security Act of 1974 (ERISA) is signed by President Gerald Ford on labor day and became law. It is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals through this plans.
ERISA is regulated by a division of the DOL known as the Employee Benefits Security Administration (EBSA). This agency provides assistance and education to individual workers, corporations, and plan managers about retirement and healthcare plans.
To learn more about ERISA, here
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Answer:
6. Economist
7. Political scientist
8. D) All of the above
9. Relative location
10. Lines of longitude
11. E) Human–Environment Interaction
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Answer:
Correct Answer:
a. The idea that ultimate truth and justice will prevail if each party to a dispute is represented by competent attorneys providing the strongest possible representation.
Explanation:
Adversary system is the legal system whereby two aggrived people appoints an advocates to represent their case or position before an impartial person or group of people. This is usually a judge or jury, who attempt to determine the truth as well as pass judgment accordingly.
<em>The system is better because it protects the rights of the individual parties involved. And, also, serves to protect citizens from potential abuses of the government, as well as works towards preventing bias in the courtroom setting.</em>
Answer:
Finantial markets work as a mechanism of efficient resource allocation. They drive individual savings into productive economy, by lending funds from savers to borrowers ( who usually are individuals or firms that have a business oportunity to develop). Investments, which can be channel through finantial markets, increase the output of an economy, because the pull up aggregate demand by increasing the demand of products needed to expand firms' production. Therefore, they increase economic product.
Generally speaking, finantial markets help to develop economies, if they are properly regulated, by increasing business activity and investment, hence, the final product into an economy.
As an <u>example</u>, think of the case of a family that is saving money to pay their child future education, by buying stocks in finantial markets. If these stocks increase the funds of an specific business, this business has more money to expand its activities, to grow. Therefore, the firm will grow because of the availability of funds to invest, and the family will be able to profit the benefits of the firm's expansion, and to pay their child education in the future.
