Examlex
Which one of the following is required for a trader to earn abnormal profits?
Overtime Provisions
Regulations that define the conditions under which employees are entitled to extra pay for working beyond the standard working hours.
Exempt Employees
Workers who are exempt from the overtime pay requirements and minimum wage laws under the Fair Labor Standards Act due to their job duties and salary levels.
Fair Labor Standards Act
U.S. legislation aimed at protecting workers against unfair pay practices and work conditions, establishing minimum wage, overtime pay eligibility, and child labor standards.
Hazardous Occupation
Jobs or activities that involve a high risk of physical harm or health dangers to the individual performing them.
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