Research-AW-Q25

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1.Your neighbor’s small children run wild all day, every day, totally ignored by their parents. You have forcibly ejected them from your swimming pool several times but they return the next day. Your complaints to their parents have had no effect. Do you think it is fair to hold you responsible for the safety of these children simply because your swimming pool is an attractive nuisance? Why or why not? Are their parents being negligent? Can you use their possible negligence in your defense in the event one of the children drowns in your pool and they sue you for damages? Support your claims. (Hint: Use Chapter 12 to help you with this short paper).
 
2.Read President Obama’s American Jobs Act.
 

After reading President Obama’s American Jobs Act, please answer the following question in short paper format:
Do unemployment compensation benefits help stabilize our economy? Explain your answer
 
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3.What are the primary differences between a defined benefit plan and a defined contribution plan? In a brief essay, create a matrix and include discussion about the following questions
 

a. Who bears the risk of investment?
b. What are the actuarial complexities?
c. What is fixed, contributions or benefits?
d. Are there separate accounts?
e. Is the plan insured?
f. Is the plan better for older or for younger employees?
 

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