The National Labor Relations Act of 1935

question 51

Multiple Choice

The National Labor Relations Act of 1935

• A) resulted in the Supreme Court's striking down of the Wagner Act.
• B) invalidated Section 7(a) of the National Industrial Recovery Act.
• C) gave government the authority to force employers to recognize and bargain with legitimate unions.
• D) enforced the labor practice of an "open shop."
• E) ended the labor practice of a "closed shop."

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Definitions:

Recorded

The act of entering financial transactions into the accounting records of a business.

Interest-Bearing Note

A financial instrument that requires the issuer to pay interest in addition to repaying the principal amount at the note's maturity.

Maturity

The date on which a financial obligation, such as a bond or loan, is due to be fully paid off.

Obligations

A duty or responsibility to fulfill an agreement, such as financial repayments.