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Final Exam Study Guide!

by: Chad Weaver

Final Exam Study Guide! Finance 270 001

Chad Weaver
GPA 3.53

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Here is everything you need for the final!
legal and social environment
Study Guide
Legal Environment of business
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This 3 page Study Guide was uploaded by Chad Weaver on Thursday May 5, 2016. The Study Guide belongs to Finance 270 001 at Southern Illinois University Carbondale taught by Hendricks in Spring 2016. Since its upload, it has received 228 views. For similar materials see legal and social environment in Finance at Southern Illinois University Carbondale.

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Date Created: 05/05/16
Ch. 20 Reverse discrimination- advancement Affirmative Action- positive steps in over or recruitment of minority workers ahead to alleviate conditions resulting from past of similarly qualified nonminority workers discrimination or violation of law. Section- Section 1981- 1866 forbids Bona fide occupational qualifications- racial discrimination in the making of permits discriminatory practices in contracts. 402A- imposes strict liability on employment if a person’s religion, sex or product sellers who sell a product in a national origin is reasonably related to the defective condition unreasonably normal operation of a particular business dangerous to the user or consumer or his Business necessity defense- property. Sec. 5- Federal trade affirmative defense under title 7 civil right commission regulate unfair or deceptive act. Raised to disparate impact claims and acts or practices in trade. asserts that a facially neutral but Seniority system- plan giving priority to discriminatory policy is job related. employees based on the length of time an Comparable worth- Job that, although employee has worked for an employer. different, produce substantially equal Employer may apply different standards value for the employer pursuant to a good faith seniority system Disability- any physical or mental if the differences are not the result of an impairment that substantially limits a intention to discriminate. major life activity. Sexual harassment- Title 7, for an Disparate Impact- Employment litigation employer to promise benefits or threaten that refers to the illegal disproportionate loss if an employee does not give sexual Disparate treatment- A term of favors employment litigation that refers to illegal Ch.21 discriminatory treatment of an individual Employment Eligibility verification- in some protected class Employment at will doctrine-firing for Genetic information an indefinite period of time nondiscrimination Act- Prohibits Exclusive remedy rule- rule that limits covered employers from firing, refusing to an injured employee’s claim against the hire, or otherwise discriminating against employer to workers compensation individuals on the basis of their genetic Fair labor standard act- 1938, this law information or family member’s genetic provides basic protection for employees, information including the minimum wage and Hostile work environment- under title maximum number of hours before 7, an environment where co-workers make overtime must be paid offensive sexual comments or Family and medical leave act- 1993, propositions, engaging in suggestive allows eligible workers up to 12 weeks of touching, show nude pics, draw sexual unpaid leave in any 12 month period to graffiti. take care of a new born or family’s health Qualified disable- disabled person who condition or their own. can perform the duties of the job Occupational safety and health Reasonable accommodation- under administration- organization that has title 7 of civil rights act and under the jurisdiction over complaints about Americans with disabilities act to adapt hazardous conditions in the workplace employment conditions to an employee’s Paper fortress- documentation an religious belief or disability. employer should keep about an Retaliation- Striking back at someone. employee’s performance. Under labor law, employment Uniformed services employment and discriminatory cases, and whistle blowing reemployment rights act- protects the prohibits an employer from firing or taking rights of individuals who voluntarily or other adverse actions against employees involuntarily leave employment positions for reporting the employer to federal to undertake military service agencies for violating various laws. WARN Act- Worker Adjustment and Retraining Notification Act of 1989. Law requires employers to give notice of plant closing and mass layoff Workers Compensation- compensates employees if they have a disease, injuries, death. It includes medical expenses and brutal costs and lost earnings based on the size of the family and the wage rate of the employee


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