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16. Maxine is a single mother with an entry-level management job. She needs to consider her 3 -year-old child, future welfare if she should die before her child is self-supporting. Maxine has leamed that her company offers group life insurance at the typical level of coverage most companies offer. Maxine will be because the typical level of coverage is a. somewhat disappointed, 10 years of annual salary b. pleased, full annual salary until the dependent is 18 . c. pleased, 20 years of annual salary. (d) very disappointed, one-and-one-half years of annual salary. 17. What are the requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA) with respect to health care? a. Employers with more than 50 employees must provide medical insurance for all full-time employees. b. Employers offering medical insurance cannot exclude pre-existing conditions from coverage. (C) Most employers with 20 or more employees must offer extended health-care coverage to employees after they leave the organization. d. Employer contributions to Medicare were raised to 2.9 percent of payroll. 18. Ambrose has been recently transferred from the Ohio headquarters of his firm to the European office. He is surprised to leam that instead of the 10 days of vacation per year he receives from his employer, his European colleagues get a. no discretionary vacation, only state holidays off. b. exactly the same amount of vacation he gets in the U.S., but no family leave. (c) over 30 vacation days a year. d. 20 days of vacation per year, double the Ohio office's practice. 19. George and Harriet are getting a divorce after 32 years of marriage. George has been a self-employed architeet and does not have a pension plan. Harriet has worked for a Big-Three car manufacturing company the entire marriage, and she has a generous pension plan. The law that governs who gets the assets in Harriet's retirement plan is the a. Spousal and Domestic Partner Separation Act. (b) Qualified Domestic Relations Order c. state law governing divorce. d. Older Employee Protection Act. 20. Larry has decided to go back to his hometown of Mellonburg and set up an architectural design business. Mellonburg is a depressed farming community of 351 residents. It is 20 miles from the nearest restaurant, 70 miles from the nearest Starbucks coffee shop, and the local schools are the worst in the state. The winters are severe, the summers are oppressive. Few single people live there, and the social and cuitural life is negligible. In order to attract good quality architects, Larry will probably a. be able to lag the market significantly in pay because of the low cost of living. b. have to pay as much as if he were hiring top quality architects in the most expensive cost-of-living area, such as New York City. c. need to ignore the market compensation for architects and pay employees on an entitlement basis. (d) have pay somewhat more than the market because of the unappealing location