The Principal Objective in the Creation of _____ Is to Maximize

question 12

Multiple Choice

The principal objective in the creation of _____ is to maximize asset values by separating good loans from bad loans.

• A)hedge funds
• B)bad banks
• C)vulture funds
• D)structured banks
• E)correspondent banks

Familiarize with federal acts aimed at promoting transparency, democracy, and the eradication of corruption within labor unions (e.g., Labor-Management Reporting and Disclosure Act, Landrum-Griffin Act).

Understand the legal framework around employment discrimination, harassment, and affirmative action, including the relevant amendments and acts (e.g., Civil Rights Act of 1964, Civil Rights Act of 1991).

Recognize the legal protections against employment discrimination based on disability, age, and pregnancy (e.g., ADA, Age Discrimination in Employment Act, Pregnancy Discrimination Act).

Acknowledge the federal and state legal standards regarding employee privacy, drug testing, and employment at will doctrine.

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Definitions:

Principles of Justice

Fundamental norms or rules that guide the distribution of burdens and benefits in a society fairly and equitably.

Advantage

A condition or circumstance that puts one in a favorable or superior position relative to others.

Moral People

Individuals who act in ways that are considered ethically right and good, often guided by personal conscience and societal norms.

Rawls

A philosopher known for his theory of justice as fairness, emphasizing equal basic rights, equality of opportunity, and the prioritization of the least advantaged in society.