The Merit System That Came into Existence After the Assassination

question 83

True/False

The merit system that came into existence after the assassination of President James Garfield in 1881 was part of the Hatch Act.

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Definitions:

Trade Association

A trade association is an organization founded and funded by businesses that operate in a specific industry, designed to promote common interests, provide resources, and advocate for policies favorable to the industry.

Franchising

A business model that allows one party (the franchisee) to use the trademark, systems, and business model of another party (the franchisor) in exchange for a fee and ongoing royalties.

Legalese

A specialized language filled with legal terminology and complexities, often used in legal documents and communications.

Disclosure Statements

Documents that provide essential information about a business or financial product, legally required to be shared with potential investors or customers.