The 1998 Identity Theft and Assumption Deterrence Act

question 17

Multiple Choice

The 1998 Identity Theft and Assumption Deterrence Act

• A) criminalized identity theft.
• B) made identity theft a federal crime
• C) increased prison sentences for criminals convicted of various types of identity theft.
• D) mandated the imposition of restitution when sentencing offenders convicted of identity theft.

Recognize the evolution of U.S. legislation in providing workers the right to unionize.

Comprehend the role and limitations of yellow dog contracts in labor relations.

Analyze the balance between property rights and labor rights in U.S. labor law.

Understand statutory law and its relation to U.S. labor law.

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Definitions:

Shut Down

A short-term decision by a firm to cease production due to unfavorable market conditions.

Firm

An entity like a corporation, partnership, or sole proprietorship engaged in selling goods or services for financial gain.

Price

The sum of money needed to buy a product, service, or asset.

Long Run

A period in which all factors of production and costs are variable, allowing firms to adjust to changes in the market or economic conditions.