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:

Financial Statements

Formal records of the financial activities and condition of a business, entity, or individual, including balance sheet, income statement, and cash flow statement.

ROA

Return on Assets, a financial ratio that indicates how profitable a company is relative to its total assets, measuring how efficient management is in using assets to generate earnings.

Debt/Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company is using its equity to create profits.