When Does a Pocket Veto Occur

question 72

Multiple Choice

When does a pocket veto occur?

• A) when the president does nothing upon receipt of a bill from Congress
• B) when the president takes no action within 10 days of receiving the bill from Congress and Congress adjourns within those 10 days
• C) when the president vetoes a bill from Congress during a lame-duck session and the Congress adjourns immediately thereafter
• D) whenever the president vetoes a bill

Describe the legal mechanisms available for addressing unethical or illegal behaviors within unions.

Explain the concept and legal background of statutory and common law.

Recognize the legal rights of workers in terms of union dues and political activity.

Understand the balance required between property rights and labor rights within U.S. labor law.

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Definitions:

Net Assets

The total assets of an entity minus its total liabilities, indicating the entity’s net worth or equity.

Common Stock

Equity securities that represent ownership interests in a corporation, providing voting rights and entitling the holder to a share of the company's success through dividends and/or capital appreciation.

Expense Recognition

An accounting principle that dictates the conditions under which expenses are recognized and reported in financial statements.