One major legal challenge for employers can be the "two-hat" problem? What does this refer to? Group of answer choices If the employer is insolvent to determine whether it should start bankruptcy proceedings under the Companies' Creditor Arrangement Act or under the Bankruptcy and Insolvency Act If the employer has to decide whether it should allow an employee to unlock his/her money from the employer- sponsored pension plan or not If the employer has multiple pension plans but not enough money to contribute to all plans to decide to which plan it makes contributions If the employer ends up in a conflict of interest position in its roles as sponsor and administrator of a pension plan
One major legal challenge for employers can be the "two-hat" problem? What does this refer to? Group of answer choices If the employer is insolvent to determine whether it should start bankruptcy proceedings under the Companies' Creditor Arrangement Act or under the Bankruptcy and Insolvency Act If the employer has to decide whether it should allow an employee to unlock his/her money from the employer- sponsored pension plan or not If the employer has multiple pension plans but not enough money to contribute to all plans to decide to which plan it makes contributions If the employer ends up in a conflict of interest position in its roles as sponsor and administrator of a pension plan
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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