Exam I Flashcards

1
Q

Classifications of Law:

A
  • Substantive and procedural
  • Public and private
  • Civil and criminal
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2
Q

Articles I and IV

A

-Allow the government to make statutes

  • Article I
  • -Section VIII:
  • —Protects both enumerated and implied powers
  • —Necessary and proper clause
  • —Protects the government’s right to regulate interstate commerce, and all that impacts it
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3
Q

Article III

A

-Common law (aka judge-made, decisional) relies on “stare decisis,” which is a system of precedent

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4
Q

Article VI

A

-Supremacy clause

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5
Q

Bill of Rights

A
  • First amendment
  • -Protects the freedom of:
  • —Religion
  • —Speech
  • —The press
  • —Assembly
  • —Association
  • Fourth amendment
  • -Search and seizure
  • Fifth amendment
  • -Protects the right to life, liberty, and property through the following:
  • —Due process (You have to be given notice if your right to life, liberty, or property is being affected by the government.)
  • —Equal protection
  • —Double jeopardy (Protects against self-incrimination)
  • —Imminent domain (Pay just compensation)
  • Tenth amendment
  • -Reserved powers clause
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6
Q

Three Types of Rules and Methods

A
  • Types:
  • -Legislative
  • -Interpretive
  • -Procedural
  • Rulemaking methods:
  • -Informally
  • -Formally
  • -Hybrid
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7
Q

Powers of Agencies

A
  • The primary function of agencies is to make rules
  • -Agencies are therefore kinda like a mini-government, but none of the members were elected
  • Restrictions:
  • -Legislative budget power
  • -Executive appointment power
  • -Judicial review of decisions
  • -Freedom of information act
  • -Administrative Procedures Act
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8
Q

Equal Pay Act (1963)

A

-Holds that employers could not discriminate based on gender in the payment of wages

  • Exemptions:
  • -Merit
  • -Seniority
  • -Quantity/Quality of production
  • -Any factor other than gender
  • Defenses:
  • -Merit
  • -Seniority
  • -BFOQ (cannot be race)
  • -Skills and aptitude test
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9
Q

Employment at Will Exemptions

A
  • Race
  • Color
  • Creed
  • Sex
  • National Origin
  • Later additions:
  • -Age (1968)
  • -Pregnancy (1975)
  • -Disabled (1990)
  • Public Policy Exceptions:
  • -Whistle-blowing: turning employer in for doing something illegal
  • -Refusing to commit an illegal act
  • -Performing a public duty (ex: jury service, National Guard, etc.)
  • -Exercising a public right (ex: right to protest)
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10
Q

Types of Contracts

A
  • Express: stated, signed, can fire you but that would be a breach of contract
  • Implied: employee handbook
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11
Q

Labor Laws

A
  • Norris–La Guardia Act (1952)
  • -Anti-Injunction Bill
  • -First federal law to address labor conditions
  • -Outlawed yellow dog contract
  • Wegner Act (National Labor Relations Act)
  • -Created the NLRB (National Labor Relations Board)
  • -Allowed workers to join, assist, and promote unions
  • Taft-Harvey Act (Labor Management Relations Act)
  • -Put brakes on union expansion
  • -Outlawed certain types of strikes:
  • —Violent
  • —Secondary
  • —Wildcat
  • -Also outlawed union/closed shops, in which employees were forced to join unions
  • -Allowed states to elect “right to work” laws (allowed states to opt out of labor union picture)
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12
Q

Fair Labor Standards Act

A
  • Governs the following:
  • -Overtime
  • -Child labor
  • -Minimum wage
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13
Q

Key Federal Agencies

A
  • EEOC
  • NLRD
  • Department of Labor
  • OSHA (protects safety of workers)
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14
Q

Monopoly Defense

A
  • Patent
  • -7-20 years
  • Copyright
  • -Life of the author and 70 years
  • Trademarking
  • -10 years

-The unauthorized use of something under the above protections is considered infringement.

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15
Q

CCPA

A
  • TILA (Truth in Lending Act)
  • -Consumer protection act that requires true information be disclosed to consumers in consumer law
  • -Federal Trade Commission enforced these rules
  • -Regulation Z: set forth information that must be provided to consumer, and coined the term APR (annual percentage rate; true rate of interest)
  • ECOA (Equal Credit Opportunity Act)
  • -No discrimination based on the following:
  • —Race
  • —Color
  • —Creed
  • —Sex
  • —-National origin
  • —Age
  • —Marital status
  • EPA (Environmental Protection Agency)
  • -National Environmental Policy Act (NEPA)
  • -CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act)
  • -Administers these, as well as the Clean Water/Air Act, etc.
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16
Q

Sherman Antitrust Act

A
  • Section I:
  • -Every contract, combination, and conspiracy in the restraint of trade is illegal
  • -All involve collusion, concerted activity
  • -Must involve two or more parties
  • Section II:
  • -Monopolization, and attempts to monopolize, are illegal
  • -Involves one party
17
Q

“Bad” Things Underneath the Sherman Antitrust Act

A
  • Horizontal price fixing
  • Horizontal market division or allocation
  • Horizontal tying arrangements
  • Horizontal group boycott
  • Horizontal merger
18
Q

Things Later Covered by the Robinson/Patman and/or the Clayton Act

A
  • Robinson/Patman
  • -Price discrimination
  • -Gave new test to determine legality
  • Clayton
  • -Price discrimination
  • -EDA
  • -TA
  • -Mergers
19
Q

Defenses Against Monopolization

A
  • Superior products
  • Business acumen
  • Historical accident
20
Q

Difference Between 1933 and 1934 Acts

A
  • 1933:
  • -Disclosure statute requiring true and accurate information, prospectus, items and answers
  • 1934:
  • -Created SEC to accept registrations; required periodical reports (10K, 10Q, and 8K)
  • -Punishes for violation of Truth in Securities Act