D432 HR Compliance and Employee Relations - Set 4 - Part 2

Correct Answer: Legal responsibility without proof of fault

Strict liability applies when a party is held legally responsible for harm caused by their actions or products, regardless of fault or negligence, typically in cases involving abnormally dangerous activities.

Correct Answer: To regulate securities markets and protect investors

The SEC is responsible for regulating securities markets, protecting investors, and ensuring transparency and accountability in financial markets.

Correct Answer: Immigration Reform and Control Act

The Immigration Reform and Control Act prohibits employers from knowingly hiring undocumented workers and imposes penalties for violations.

Correct Answer: Enhanced reputation and customer loyalty

Companies that engage in CSR initiatives can enhance their reputation and gain customer loyalty by demonstrating their commitment to social, ethical, and environmental responsibilities.

Correct Answer: An employee is asked for sexual favors in exchange for a promotion

Quid pro quo harassment occurs when an employee is asked for sexual favors in exchange for job benefits such as promotions, raises, or favorable treatment.

Correct Answer: Sarbanes-Oxley Act

The Sarbanes-Oxley Act provides protections for employees who report financial fraud, ensuring they are not retaliated against for whistleblowing.

Correct Answer: Acceptance must exactly match the terms of the offer

The mirror-image rule requires that the acceptance of an offer must match the offer exactly without any modifications for a contract to be valid.

Correct Answer: A structured, fair mechanism for addressing employee concerns

An effective grievance process provides a fair and structured mechanism for employees to voice concerns and seek resolutions, ensuring transparency and fairness.

Correct Answer: Americans with Disabilities Act (ADA)

The ADA protects employees with disabilities from discrimination and requires employers to provide reasonable accommodations to help them perform their job functions.

Correct Answer: Job-protected unpaid leave for specific family and medical reasons

The FMLA provides eligible employees with job-protected unpaid leave for specific family and medical reasons, such as caring for a newborn or a serious health condition.

Correct Answer: Retirement benefits depend on individual account balances and contributions

In a defined contribution plan, such as a 401(k), the retirement benefits are based on the amount contributed to the individuals account and the performance of those investments.

Correct Answer: Using reasonable factors other than age in employment decisions

Under the ADEA, employers can defend against age discrimination claims by demonstrating that decisions were based on reasonable factors other than age, such as job performance or qualifications.

Correct Answer: Trading stock based on non-public information

Insider trading involves buying or selling stock based on material, non-public information, which is illegal and subject to severe penalties under securities laws.

Correct Answer: Protecting consumers from unfair competition and enforcing antitrust laws

The Bureau of Competition within the FTC ensures fair competition by enforcing antitrust laws and preventing monopolistic practices that harm consumers and competitors.

Correct Answer: Insider trading

White-collar crimes typically involve non-violent offenses committed for financial gain, such as insider trading, embezzlement, and fraud.

Correct Answer: A contract that can be canceled by one party due to certain conditions

A voidable contract is valid, but one party has the option to cancel or void it due to certain conditions, such as misrepresentation or coercion.

Correct Answer: Uniformed Services Employment and Reemployment Rights Act (USERRA)

USERRA protects the employment rights of individuals who take leave from their civilian jobs to perform military service, ensuring they can return to their jobs afterward.

Correct Answer: Wage increases

Wage increases are a lawful subject of collective bargaining. Topics related to discrimination, segregation, or retaliation are illegal and cannot be part of negotiations.

Correct Answer: Ensuring employees' rights to form unions and bargain collectively

The NLRB protects employees' rights to organize, form unions, and engage in collective bargaining with employers over wages, working conditions, and other employment terms.

Correct Answer: Jurisdictional strike

A jurisdictional strike, where two unions dispute which one has the right to represent workers, is illegal. Economic and sympathy strikes are legal under certain conditions.