Explain the role of the Landrum-Griffin Act of 1959 and discuss the rationale for this legislation.

What will be an ideal response?


The Landrum-Griffin Act was passed as a response to some high profile cases in which union leadership abused the trust of their members, engaged in illegal acts and general corruption. Landrum-Griffin accomplishes two main objectives: increasing union accountability for financial decisions and ensuring democratic procedures for union governance. The Act guarantees all union members equal rights of participation in internal union affairs, including voting rights and the ability to express their opinions.

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In developing countries, globalization's opponents accuse companies of placing intellectual property rights ahead of human rights

Indicate whether the statement is true or false

Business

The _________________________ enables you to save pictures, logos, and other objects for future use

Fill in the blank(s) with correct word

Business

John, a sales manager, has a difficult ethical decision to make regarding one of his clients. In evaluating his ethical duties, he knows that ________, among other criteria.

A. he would need to be proud of seeing his decision or action reported in the newspaper B. he must be willing to take action that is illegal C. he will need to communicate his decision to his employer's other clients D. he must not take actions that will be financially detrimental to his employer or his client E. his decision must not negatively affect his employer's business relationship with the client

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Healthy Living, a diet magazine, collected $240,000 in subscription revenue on May 31. Each subscriber will receive an issue of the magazine in each of the next 12 months, beginning with the June issue. The company uses the accrual method of accounting

What is the amount of Subscription Revenue that has been earned by the end of December? A) $100,000 B) $180,000 C) $240,000 D) $140,000

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