The Ledbetter Fair Pay Act of 2009

question 35

Multiple Choice

The Ledbetter Fair Pay Act of 2009

• A) specifies penalties to employers for discriminating based on gender.
• B) resets the statue of limitations for filing an equal-pay lawsuit each time an employer issues a discriminatory paycheck.
• C) reaffirms the decision in the Supreme Court case, Ledbetter v. Goodyear.
• D) defines fair pay standards for different job classifications.
• E) was passed in response to employers dismissing female employees when becoming pregnant.

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Definitions:

Interest Expense

The financial liability incurred from borrowing funds that an entity faces over a predetermined period.

Dividend Payments

Payments made to shareholders out of a corporation's earnings reflecting their share in the ownership.

Operating Expense

Ongoing costs for running a product, business, or system, not including the cost of goods sold but encompassing items like salaries and rent.

Wages Expense

The total amount of wages paid to employees during a specific period as an expense to the company.