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(Business of Life) What guidelines should determine whether or not an individual should buy life insurance?
Walsh-Healy Public Contracts Act
A law that requires minimum wage, overtime pay, and safety and health standards for workers on federal contracts.
Prevailing Local Wage Rates
The average wage paid to workers in a specific area or industry, often used as a benchmark for setting wages.
General Contractors
Companies or individuals tasked with the overall responsibility for the execution, supervision, and completion of construction projects, managing subcontractors and materials.
Fair Labor Standards Act
A federal law in the United States that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.
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