Asked by Alicia Lankford on May 25, 2024
Verified
Workers' Compensation basically is a social compromise.
Workers' Compensation
Insurance that provides wage replacement and medical benefits to employees injured in the course of employment, in exchange for mandatory relinquishment of the employee's right to sue their employer for negligence.
- Comprehend the concept and purpose of Workers' Compensation as a social compromise.
Verified Answer
AV
Ankit VermaMay 27, 2024
Final Answer :
True
Explanation :
Workers' compensation basically is a social compromise.The strict liability condition and elimination of the three traditional employer defenses greatly increases the probability that an injured worker will recover but the amount recoverable frequently is less than would be obtained in a successful negligence suit.
Learning Objectives
- Comprehend the concept and purpose of Workers' Compensation as a social compromise.
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