with Questions and Correct Answers
2025
Clayton ,Act ,(1914) ,- ,CORRECT ,ANSWER-Legislation ,which ,modified ,the ,Sherman
,Anti-Trust ,Act ,by ,prohibiting ,mergers ,& ,acquisitions ,that ,would ,lessen ,competition
Clayton ,Act ,(1914) ,- ,CORRECT ,ANSWER-This ,act ,also ,prohibited ,a ,single ,person
,from ,being ,a ,director ,of ,two ,or ,more ,competing ,corporations ,& ,restricts ,the ,use ,of
,injunctions ,against ,labor ,and ,legalized ,peaceful ,strike, ,picketing, ,and ,boycotts.
Consumer ,Credit ,Protection ,Act ,(1968) ,- ,CORRECT ,ANSWER-Congress ,expressed
,limits ,to ,the ,amount ,of ,wages ,that ,can ,be ,garnished ,or ,withheld ,in ,any ,one ,week ,by
,and ,employer ,to ,satisfy ,creditors. ,This ,law ,also ,prohibits ,employee ,dismissal ,due ,to
,garnishment ,of ,any ,one ,indebtedness.
Copeland ,"Anti-Kickback" ,Act ,(1934) ,- ,CORRECT ,ANSWER-This ,act ,precludes ,a
,federal ,contractor ,or ,subcontractor ,from ,inducing ,an ,employee ,to ,give ,up ,any ,part ,of
,his ,or ,her ,wages ,to ,the ,employer ,for ,the ,benefit ,of ,having ,a ,job.
Copyright ,Act ,(1976) ,- ,CORRECT ,ANSWER-Offers ,protection ,of ,"original ,works" ,for
,authors ,so ,others ,may ,not ,print, ,duplicate, ,distribute, ,or ,sell ,their ,work.
Copyright ,Term ,Extension ,Act ,(1998) ,- ,CORRECT ,ANSWER-Further ,extended
,copyright ,protection ,to ,the ,duration ,of ,the ,author's ,life ,+ ,70 ,yrs ,for ,general ,copyrights
,and ,to ,95 ,yrs ,for ,works ,made ,for ,hire ,& ,works ,copyrighted ,before ,1978.
Davis-Bacon ,Act ,(1931) ,- ,CORRECT ,ANSWER-Law ,that ,required ,contractors ,and
,subcontractors ,on ,certain ,federally ,funded ,or ,assisted ,construction ,projects ,worth
,more ,than ,$2k ,in ,the ,US ,to ,pay ,wages ,& ,fringe ,benefits ,at ,least ,equal ,to ,those
,prevailing ,in ,the ,are ,where ,the ,work ,is ,performed.
Dodd-Frank ,Wall ,Street ,Reform ,& ,Consumer ,Protection ,Act ,- ,CORRECT ,ANSWER-
Law ,that ,offers ,a ,wide ,range ,of ,mandates ,affecting ,all ,federal ,financial ,regulatory
,agencies ,& ,almost ,every ,part ,of ,the ,nation's ,financial ,services ,industry.
, Dodd-frank ,Wall ,Street ,Reform ,& ,Consumer ,Protection ,Act ,- ,CORRECT ,ANSWER-
This ,act ,includes ,a ,nonbinding ,vote ,for ,shareholders ,on ,executive ,compensation,
,golden ,parachutes, ,& ,return ,of ,executive ,compensation ,based ,on ,inaccurate ,financial
,statements. ,Requirements ,to ,report ,CEO ,pay ,compared ,to ,the ,avg ,employee ,&
,financial ,awards ,for ,whistle-blowers.
Economic ,Growth ,& ,Tax ,Relief ,Reconciliation ,Act ,(EGTRRA) ,(2001) ,- ,CORRECT
,ANSWER-Modifications ,to ,IRS ,codes ,that ,adjust ,pension ,vesting ,schedules,
,increasing ,retirement ,plan ,limits, ,permitting ,pretax ,catch-up ,contributions ,by
,participants ,older ,than ,50(not ,tested ,for ,discrimination) ,in ,certain ,plans ,& ,modifying
,distribution ,of ,rollover ,rules.
Electronic ,Communications ,Privacy ,Act ,(ECPA) ,(1986) ,- ,CORRECT ,ANSWER-
Combined ,Wiretap ,Act ,& ,Stored ,Communications ,Act ,to ,provide ,rules ,for ,access,
,use, ,disclosure, ,interpretation, ,& ,privacy ,protections ,of ,electronic ,communications ,&
,they ,provide ,the ,possibility ,of ,both ,civil ,& ,criminal ,penalties ,for ,violations.
Employee ,Polygraph ,Protection ,Act ,(1988) ,- ,CORRECT ,ANSWER-Prohibits ,the ,use
,of ,lie ,detector ,tests ,for ,job ,applicants ,& ,employees ,of ,companies ,engaged ,in
,interstate ,commerce. ,Exceptions: ,Law ,enforcement ,& ,national ,security. ,There ,is ,a
,federal ,poster ,requirement
Employee ,Retirement ,Income ,Security ,Act ,(ERISA) ,(1974) ,- ,CORRECT ,ANSWER-
Law ,that ,establishes ,uniform ,minimum ,standards ,to ,ensure ,that ,employee ,benefit
,plans ,are ,established ,and ,maintained ,in ,a ,fair ,and ,financially ,sound ,manner; ,protects
,employees ,covered ,by ,a ,pension ,plan ,from ,losses ,in ,benefits ,due ,to ,job ,changes.
Equal ,Pay ,Act ,(an ,amendment ,of ,FLSA) ,(1963) ,- ,CORRECT ,ANSWER-Enforced ,by
,the ,Equal ,Employment ,Opportunity ,Commission ,(EEOC)-prohibits ,employers ,from
,discriminating ,on ,the ,basis ,of ,sex ,by ,paying ,wages ,to ,employees ,at ,a ,rate ,less ,than
,the ,rate ,paid ,to ,employees ,of ,the ,opposite ,sex ,for ,equal ,work ,on ,jobs ,requiring ,equal
,skill, ,effort, ,& ,responsibility ,performed ,under ,similar ,working ,conditions.
FAA ,Modernization ,& ,Reform ,Act ,(2012) ,- ,CORRECT ,ANSWER-Amendment ,to ,the
,Railway ,Labor ,Act ,to ,change ,union ,certification ,election ,processes ,in ,the ,railroad ,&
,airline ,industries ,& ,impose ,greater ,oversight ,of ,the ,regulatory ,activities ,of ,the
,National ,Mediation ,Board ,(NMB).
FAA ,Modernization ,& ,Reform ,Act ,(2012) ,- ,CORRECT ,ANSWER-this ,law ,requires ,the
,Government ,Accountability ,Office ,(GAO) ,initially ,to ,evaluate ,the ,NMB's ,certification
,procedures ,& ,then ,audit ,the ,NMB's ,operations ,every ,2 ,years.
Fair ,& ,Accurate ,Credit ,Transactions ,Act ,(FACT) ,(2003) ,- ,CORRECT ,ANSWER-
Amendment ,to ,the ,Fair ,Credit ,Reporting ,Act ,(FCRA) ,adds ,provisions ,designed ,to
,improve ,the ,accuracy ,of ,consumers' ,credit-related ,records. ,Gives ,consumers ,the ,right
,to ,1 ,free ,credit ,report ,a ,year ,from ,the ,reporting ,agencies