Prior to the Passage of the Money Laundering Control Act

question 23

True/False

Prior to the passage of the Money Laundering Control Act of 1986,money laundering was not a federal crime.

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Definitions:

Taft-Hartley Act

A 1947 federal law in the United States that restricts the activities and power of labor unions, also known as the Labor Management Relations Act.

International Longshore And Warehouse Union

A labor union in the United States and Canada, primarily representing dock workers and other workers in the logistics and warehousing sectors.

Work Slowdown

A deliberate reduction of productivity by workers, often to protest working conditions or wages, without fully going on strike.

Union Members

Individuals who belong to a labor union, an organization that represents workers in negotiations with employers over wages, benefits, and working conditions, aiming to improve members' economic status and work environment.