Insurance guaranty funds involve a permanent fund similar to the FDIC for the purpose of compensating the policyholders of failed insurers.

The _____ is a governmental agency established by the Wagner Act that enforces procedures whereby employees may vote to have a union and for collective bargaining.

Fill in the blank(s) with the appropriate word(s).

Mary repeatedly steals small amounts from her employer until she is fired in 2010 for always being late to work. The statute of limitations is five years. If she is prosecuted now for this theft, what is her best defense?

A. Entrapment B. Necessity C. Statute of Limitations D. Lack of Actus Rea