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denis23 [38]
3 years ago
11

A company offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of th

eir age, earnings, and years of service. But the company didn't keep up with technology, and its earnings fell. When the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. What protection will the retirees have in this situation?
Business
1 answer:
kozerog [31]3 years ago
7 0

Answer: C. The employees will receive a share of profits as part of the company's ESOP.

Explanation:

The retirees can still get a portion of profits if they are part of an Employee Stock Ownership Plan.

ESOP is a pretty standard thing these days with companies where they reward their employees with shares in the company.

Seeing as the company is making too little to be able to keep paying Retirement benefits, the retirees being owners of Stock can still partake in the earnings that the company makes when they distribute dividends.

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2 years ago
​Sofia files a suit against Turista Airlines, Inc. Turista responds that it appears from the pleadings that the parties do not d
alexandr402 [8]

Answer:

a motion for summary judgement.

Explanation:

According to my research on different legal proceedings , I can say that based on the information provided within the question this is a motion for summary judgement. This term refers to a request for the court to rule that the other party has no case, because there are no facts at issue. Which applies to this situation because Turista Airlines is not presenting any facts, yet they are arguing the case based on those non-existent facts.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the re
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Answer:

b. No - the increase in lease expense is a fixed cost.

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Will give brainliest but you give brainliest to me
larisa86 [58]
Yes please how do I give it to you
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