Which of the following statements is true about unemployment compensation programs?
A) It is a quasi-social private insurance.
B) Private insurers are willing to provide this type of insurance.
C) Unlike workers' compensation, this law does not transfer any financial element of a risk faced by the employee to the employer.
D) Like workers' compensation, the firm's risk manager has a choice with regard to how the risk is handled.
E) Neither private insurance nor self-insurance is permitted for these programs.
Correct Answer:
Verified
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