ERISA was designed to regulate how pension funds are invested
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: The purpose of this act is to help ensure the financial security of pension funds by regulating how they can be invested.
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Juan owns a house in a poor area of a large city. A salesman visits his home, selling aluminum
siding. Juan buys and signs a contract, which calls for a price of $25,000 to be paid in monthly installments of $500 for 20 years. Juan only earns $700 per month. In addition, Juan's home is only worth about $35,000. The aluminum siding put on is worth no more than $1,500. Juan speaks and reads very little English and Juan thought he was signing a receipt for a free gift. Which of the following best describes this contract? A) The contract is fully enforceable as written. B) The contract is unenforceable because it is illusory. C) The contract is unenforceable because it is unconscionable. D) The contract is unenforceable because it is exculpatory.
The ________ dimension of motivation measures how long a person can maintain effort
A) direction B) persistence C) intensity D) knowledge E) experience