Corporate Storage Inc

Corporate Storage Inc. is a COBRA eligible employer who has failed to comply with the law. Corporate Storage Inc. could be required to pay ________

A) up to 10 percent of the annual cost of the group plan or $500,000, whichever is less.
B) up to 20 percent of the annual cost of the group plan or $300,000, whichever is less.
C) up to 10 percent of the annual cost of the group plan.
D) up to 20 percent of the annual cost of the group plan.
E) a fee of $50,000.