Ontario Barrister and Solicitor Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Ontario Barrister and Solicitor Exam. Quiz with flashcards and multiple choice questions, each with hints and explanations. Prepare for your legal career!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Who is eligible to receive payment under the Wage Earner Protection Program Act when a company declares bankruptcy?

Any creditor of the company
The CEO of the bankrupt company
A former employee owed wages for the 6 months prior to bankruptcy
Government agencies

The correct answer is: A former employee owed wages for the 6 months prior to bankruptcy

The Wage Earner Protection Program Act (WEPPA) is designed to protect employees by ensuring they are paid in the event of their employer's bankruptcy. This means that former employees who are owed wages for the 6 months prior to the company's bankruptcy are eligible for payment under WEPPA. The other options, such as creditors, the CEO, and government agencies, are not eligible because they are not considered employees and are not owed wages by the bankrupt company. The CEO may still be eligible for other forms of compensation or benefits, but not through WEPPA.