A Major Determinant of the Outcome of the Congressional Struggles

question 205

Multiple Choice

A major determinant of the outcome of the congressional struggles over the Wagner, Taft-Hartley, and Landrum-Griffin acts was the

• A) existence of economic conditions that affected public opinion.
• B) overriding influence of majoritarian politics.
• C) involvement of numerous consumer-activist groups.
• D) fear of court action if the laws were not passed.
• E) demands of the federal bureaucracy.

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Definitions:

Financial Statements

Documents that provide an overview of the financial condition of an entity including its assets, liabilities, revenues, and expenses over a particular period.

Settlement

The conclusion of a transaction or the resolution of a claim or dispute, usually involving the transfer of funds or assets.

Clean-Up Provision

A clause in a financial contract that requires the borrower to pay off a loan or line of credit in full after a specified period or under certain conditions, to ensure the credit line is periodically brought to a zero balance.