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Business Law Final > RATS 10 through 16 > Flashcards

RATS 10 through 16 Flashcards

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1
Q

what is the National Environmental Policy Act?

A

basic national charter for protection of the environment

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2
Q

what is common law remedy for kinds of pollution that injure a plaintiff’s property but doesn’t directly intrude on the property?

A

nuisance

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3
Q

how much electronic waste does the Environmental Protection Agency estimate is recycled each year?

A

15-20 %

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4
Q

what has happened to the wetlands since the 18th century?

A

over half have disappeared

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5
Q

which president announced the creation of the Environmental Protection Agency?

A

richard m. nixon

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6
Q

what two major pieces of legislation comprise general national environmental policy?

A

national environmental policy act and endangered species act

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7
Q

what is one limitation that makes common law pollution remedies inadequate?

A

they are remedial only, not preventative

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8
Q

what is a main concern of the environmental protection agency?

A

clean water

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9
Q

Superfund?

A

comprehensive environmental response, compensation and liability act

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10
Q

where does the US rank in relation to corruption in various countries in 2011

A

24th

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11
Q

what comes after physiological needs?

A

safety needs

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12
Q

what was the first major federal law to regulate non-railroad business?

A

sherman antitrust act

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13
Q

who did the sherman antitrust act apply to?

A

all contracts because all contracts are in restraint of trade

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14
Q

who appoints commissioners of the Federal Trade Commission?

A

the president

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15
Q

what is a purpose of antitrust laws?

A

promote competition

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16
Q

what 3 things are illegal under the sherman antitrust act?

A

contracts, combinations, and conspiracies

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17
Q

can criminal penalties be assessed for antitrust violations under the Clayton Act or the FTC Act?

A

only fines and damages are permitted because these acts are civil statutes

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18
Q

what is the US Supreme Court’s definition of monopoly power?

A

power to control prices or exclude competition

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19
Q

what antitrust law makes it illegal for a supplier to sell to chain stores at prices lower than they would sell to small businesses?

A

it violates the prohibition against price discrimination under the Clayton Act as amended by the Robinson-Patman amendment in 1936

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20
Q

When was the Interstate Commerce Act created?

A

1887

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21
Q

what did the interstate commerce act do?

A

regulated business

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22
Q

first efforts at governmental regulation, transformed tort law, employment law, labor law, american business enterprises and american government?

A

railroads

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23
Q

what act passed in 1959 was a response to investigations that revealed unions to be broadly tainted by violence, corruption, and organized crime?

A

Landrum-Griffen Act

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24
Q

when was social security created?

A

1935

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25
Q

What legal tool, starting 1842, was used by employers and granted by the courts when labor disputes threatened?

A

equitable injunction

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26
Q

what act became real cornerstone of american labor law?

A

the national labor relations act

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27
Q

who signed family and medical leave act?

A

bill clinton

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28
Q

what law permits the US President to order a 30-day injunction if a strike by transportation workers imperils national welfare?

A

the railway labor act

29
Q

when was age discrimination in employment act first enacted?

A

1967

30
Q

which president championed the cause of equality in job opportunity?

A

john f. kennedy

31
Q

starting in 2003, what did the FTC adopt as a result of citizens’ outrage over telemarketing?

A

a do not call list

32
Q

consent decree means:

A

go forth and sin no more

33
Q

the duty of care for child products arises

A

negligence

34
Q

what rule of law is applied to government regulation of false advertising?

A

rational basis test

35
Q

what is the National Environmental Policy Act?

A

basic national charter for protection of the environment

36
Q

what is common law remedy for kinds of pollution that injure a plaintiff’s property but doesn’t directly intrude on the property?

A

nuisance

37
Q

how much electronic waste does the Environmental Protection Agency estimate is recycled each year?

A

15-20 %

38
Q

what has happened to the wetlands since the 18th century?

A

over half have disappeared

39
Q

which president announced the creation of the Environmental Protection Agency?

A

richard m. nixon

40
Q

what two major pieces of legislation comprise general national environmental policy?

A

national environmental policy act and endangered species act

41
Q

what is one limitation that makes common law pollution remedies inadequate?

A

they are remedial only, not preventative

42
Q

what is a main concern of the environmental protection agency?

A

clean water

43
Q

Superfund?

A

comprehensive environmental response, compensation and liability act

44
Q

where does the US rank in relation to corruption in various countries in 2011

A

24th

45
Q

what comes after physiological needs?

A

safety needs

46
Q

what was the first major federal law to regulate non-railroad business?

A

sherman antitrust act

47
Q

who did the sherman antitrust act apply to?

A

all contracts because all contracts are in restraint of trade

48
Q

who appoints commissioners of the Federal Trade Commission?

A

the president

49
Q

what is a purpose of antitrust laws?

A

promote competition

50
Q

what 3 things are illegal under the sherman antitrust act?

A

contracts, combinations, and conspiracies

51
Q

can criminal penalties be assessed for antitrust violations under the Clayton Act or the FTC Act?

A

only fines and damages are permitted because these acts are civil statutes

52
Q

what is the US Supreme Court’s definition of monopoly power?

A

power to control prices or exclude competition

53
Q

what antitrust law makes it illegal for a supplier to sell to chain stores at prices lower than they would sell to small businesses?

A

it violates the prohibition against price discrimination under the Clayton Act as amended by the Robinson-Patman amendment in 1936

54
Q

When was the Interstate Commerce Act created?

A

1887

55
Q

what did the interstate commerce act do?

A

regulated business

56
Q

first efforts at governmental regulation, transformed tort law, employment law, labor law, american business enterprises and american government?

A

railroads

57
Q

what act passed in 1959 was a response to investigations that revealed unions to be broadly tainted by violence, corruption, and organized crime?

A

Landrum-Griffen Act

58
Q

when was social security created?

A

1935

59
Q

What legal tool, starting 1842, was used by employers and granted by the courts when labor disputes threatened?

A

equitable injunction

60
Q

what act became real cornerstone of american labor law?

A

the national labor relations act

61
Q

who signed family and medical leave act?

A

bill clinton

62
Q

what law permits the US President to order a 30-day injunction if a strike by transportation workers imperils national welfare?

A

the railway labor act

63
Q

when was age discrimination in employment act first enacted?

A

1967

64
Q

which president championed the cause of equality in job opportunity?

A

john f. kennedy

65
Q

starting in 2003, what did the FTC adopt as a result of citizens’ outrage over telemarketing?

A

a do not call list

66
Q

consent decree means:

A

go forth and sin no more

67
Q

the duty of care for child products arises

A

negligence

68
Q

what rule of law is applied to government regulation of false advertising?

A

rational basis test

Business Law Final (6 decks)

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