1. Construct a scenario in which the tax treatment of stock options is very unfavorable for the employee. 2. Would an employee who first becomes a participant in a pension plan at age 52 generally...

1. Construct a scenario in which the tax treatment of stock options is very unfavorable for the employee.

2. Would an employee who first becomes a participant in a pension plan at age 52 generally prefer to have a defined benefit plan or a defined contribution plan? Explain.