Nepotism Policies Are Lawful Unless They Have an "Adverse Impact

question 61

True/False

Nepotism policies are lawful unless they have an "adverse impact" on women or minority groups (as in the Oakland Scavenger Company case).

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Definitions:

Re-filed

The act of submitting or filing a document or case again after it has been dismissed or needs correction.

Article 9

A section of the Uniform Commercial Code governing secured transactions, where a creditor has a security interest in the personal property of a debtor as collateral for a debt.

UCC

Stands for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Secured Financing

Financing or a loan that is backed by collateral, reducing the risk for lenders and often resulting in more favorable terms for borrowers.