In the Beck Case, Where Non-Union Workers at AT&T Were

question 222

Multiple Choice

In the Beck case, where non-union workers at AT&T were required by a union to pay "agency fees," instead of union dues, to contribute to the expense of representing these workers in collective bargaining. The Supreme Court held that the union:

• A) violated the First Amendment rights of non-union workers
• B) violated the Taft-Hartley Act
• C) acted legally because Congress had ruled courts may not place restrictions on union dues
• D) impermissibly interfered with interstate commerce
• E) had improperly spent agency fees on political action

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

Convertible Bond

a type of bond that can be converted into a predetermined amount of the issuer's equity, typically common stock, at certain times during its life, usually at the discretion of the bondholder.

Stock Value

The market value of a company's shares, determined by supply and demand in the stock market.

Convertible Bonds

Convertible Bonds are a type of corporate bond that holders can convert into a predetermined number of shares of the issuing company's common stock.