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Author Question: In a Supreme Court decision regarding the retirement plan of the Lockheed corporation, the court ... (Read 265 times)

Pineappleeh

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on: Aug 23, 2018
In a Supreme Court decision regarding the retirement plan of the Lockheed corporation, the court introduced the
  concept of retirement sham
 
  a. which refers to early retirement plans that are instituted as a way of downsizing to avoid layoffs.
  b. which means if early retirement benefits are purely a sham, the court can determine a companys assets were
  misused.
  c. and specified the particular conditions of how egregious a plan must be to be considered a sham.
  d. which demonstrated the likelihood that court rulings will favor people who seek redress for unfair requirements of early retirement programs.

Question 2

Early retirement plans
 
  a. are an indicator of societys failure to provide economic security.
  b. create generational conflicts between older and younger workers.
  c. inevitably disrupt employee morale when done across the board.
  d. can reduce the need for massive layoffs.


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babybsemail

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Reply #1 on: Aug 23, 2018
Answer to Question 1

a. which refers to early retirement plans that are instituted as a way of downsizing to avoid layoffs.
b. which means if early retirement benefits are purely a sham, the court can determine a companys assets were
misused.
c. and specified the particular conditions of how egregious a plan must be to be considered a sham.
d. which demonstrated the likelihood that court rulings will favor people who seek redress for unfair requirements of early retirement programs.
ANSWER: b

Answer to Question 2

ANSWER: a


Pineappleeh

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Reply 2 on: Aug 23, 2018
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Wow, this really help

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