Under Federal Law, Employers May Use a Lie Detector Test

question 17

True/False

Under federal law, employers may use a lie detector test if it is part of an ongoing investigation of economic loss to its business.

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Definitions:

Neoclassical School

An economic theory that emphasizes the role of supply and demand in determining the price and quantity of goods and services offered in a market, focusing on rational behavior and equilibrium.

Capitalism

An economic system where private individuals own and control trade and industry instead of the state.

Private Ownership

The legal right of a person or corporation to exclusively possess, control, and dispose of property or goods.

Classless Society

An envisioned social state without economic divisions or disparity where all individuals have equal status and opportunities.