Quiz Chapters 14 and 15
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Question 1
This U.S. agency enforces the laws prohibiting deceptive advertising:Selected Answer: Federal Trade Commission.Correct Answer: Response Feedback: Correct -
Question 2
Rules in the United States that prohibit competitors from secretly dividing up the market amongst themselves are called:Selected Answer: Antitrust laws.Correct Answer: Response Feedback: Correct -
Question 3
The act that requires lenders to inform borrowers of the annual rate of interest to be charged, plus related fees and services charges is called:Selected Answer: The Truth in Lending Act.Correct Answer: Response Feedback: Correct -
Question 4
According to the U.S. Department of Labor, some of the most dangerous jobs include:Selected Answer: Police, fire fighters, prison guards.Correct Answer: Response Feedback: Correct -
Question 5
States that have adopted right-to-work laws:Selected Answer: Prevent unions from requiring all workers they represent to pay fees or dues.Correct Answer: Response Feedback: Correct -
Question 6
Romantic relationships in the workplace are described by which statement?Selected Answer: Many companies allow managers to become romantically involved with subordinates, so long as they do not supervise them directly.Correct Answer: Response Feedback: Correct -
Question 7
One important aspect of the new social contract regarding fixed pension benefits is:Selected Answer: Fixed pensions have been reduced in the U.S. by around 90 percent.Correct Answer: Response Feedback: Correct -
Question 8
The Sarbanes-Oxley Act makes it illegal for employers to:Selected Answer: Retaliate against whistle-blowers who report information that could have an impact on the value of a company’s shares.Correct Answer: Response Feedback: Correct -
Question 9
The Occupational Safety and Health Act gives workers the right to a job:Selected Answer: That is free from recognized hazards that are likely to cause death or serious injury.Correct Answer: Response Feedback: Correct -
Question 10
Businesses can reduce income inequality by which action?Selected Answer: Commit to paying a living wage to all employees.Correct Answer: Response Feedback: Correct