Question: ABC Electronics set up a secular trust to fund a deferred compensation plan for its vice president of operations because it wanted to ensure A
ABC Electronics set up a secular trust to fund a deferred compensation plan for its vice president of operations because it wanted to ensure
A
the executive that the promised benefits will be paid if the employer goes bankrupt or is sold to another company
B
trust accumulations can be attached by the company's general creditors
C
the company that the executive will not terminate employment prematurely
D
the executive will not have to pay tax on the contributions until benefits are paid
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