Which of the following statements about a contributory group life insurance plan is CORRECT?
A) All eligible employees must participate in the plan.
B) The employer must pay for the entire cost of the insurance program.
C) At least 70% of eligible employees must participate in the plan.
D) The employees must pay for part of the cost of the insurance program.
Ans: D) The employees must pay for part of the cost of the insurance program.
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A. Guarantee payment to bondholders of both the periodic interest payments and the maturity value. B. Purchase the entire bond issue from the issuing corporation and then sell the bonds to the public. C. Represent the interests of the bondholders and, if necessary, to take legal action on their behalf. D. Maintain a subsidiary ledger of individual bondholders and mail out the periodic interest checks.
Explain how your expectations about the reader's reaction influence the organization and style of a message. Provide examples to support your explanation