Video 1

Question 1

Sherman Anti-Trust Act (1890)

Answer 1

Created as a measure of regulating the economy - resisting inflation & deflation of economy (WRONG TO MONOPOLIZE TRADE).

Question 2

Clayton Act

Answer 2

Add on of Sherman.

• Eliminates unions from being considered as monopolies.
• Illegal to regulate peaceful strikes, picketing, and boycotts.
• Illegal for one person to be director of 2 competing companies.

Question 3

Consumer Credit Protection Act (1986)

Answer 3

Limits how much a singular creditor can take from a paycheck.

Question 4

Copeland Anti-Kickback Act (1934)

Answer 4

Prohibits fed contractors & subcontractors from making employees give up wages for benefit of keeping their job.

Question 5

Copyright Act (1976)

Answer 5

Protection of copyrighted work.
- HR: when using copyrighted materials for training/other uses, make sure all material used is owned by the company.

Question 6

Davis-Bacon Act (1931)

Answer 6

Fair wages, benefits, and overtime (prevailing wages)
Applies to laborers & mechanics.
- Federal contract law.

Question 7

Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)

Answer 7

Basically handcuffs for CEO’s and C-Level execs. - holds them accountable financially.

Question 8

Economic Growth & Tax Relief Reconciliation Act (2001)

Answer 8

EGTRRA
- Reduces rates tax of those who pay individual income taxes.

Question 9

Electronic Communications Privacy Act (1986)

Answer 9

ECPA
- Wiretap & Stored Communication Act.

• Includes rules for access, use, disclosure, interpretation, and privacy communications.
• HR must give out notice for monitoring calls - subject to observation and recordings.

Question 10

Employee Polygraph Protection Act (1988)

Answer 10

EPPA
- Changed use of polygraph to fed employees & anyone in interstate commerce.
- Not allowed in most private companies.
- Many states prohibit it & specific guidelines must be followed if they do use it.

Question 11

Employee Retirement Income Security Act (1974)

Answer 11

ERISA
- Mandatory standards for private health & pension plans offered by an employee.

• Specifies what they can and cannot do.

Question 12

Equal Pay Act (1963)

Answer 12

EPA
No discrimination of pay based gender.

Question 13

FAA Modernization & Reform Act (2012)

Answer 13

**double check??
Intended to be involved in union mediation & have a specific office audit every 2 years to make sure things are fair.

Question 14

Fair & Accurate Credit Transaction Act (2003)

Answer 14

FACT
- Credit & background checks.
- Provides one free credit check yearly.

Question 15

Fair Credit Reporting Act (1970-2011)

Answer 15

Regulate user credit information - have to put in writing if credit used for making employment decision & must obtain written authorization to do so.

Question 16

***Fair Labor Standards Act (FLSA)

Answer 16

Establish basic wage requirements in private sector - wages, overtime pay, recordkeeping, etc.