Civics Today: Citizenship, Economics, & You

Chapter 22: Business and Labor

Business and Labor

1
The most common form of business organization in the United States is the __________.
A)nonprofit organization
B)corporation
C)partnership
D)sole proprietorship
2
One disadvantage of a corporation is __________.
A)the problem of raising enough capital
B)the difficulty of transferring ownership
C)double taxation
D)unlimited liability
3
An example of a nonprofit organization would be __________.
A)Ford Motor Company
B)the American Red Cross
C)Enron
D)Microsoft
4
Workers who perform the same skills would join __________.
A)industrial unions
B)guilds
C)master halls
D)trade unions
5
From smallest to largest, the levels of organized labor are __________.
A)local, national, international
B)local, federation, national
C)local, national, federation
D)federation, local, national
6
The AFL-CIO operates at the __________ level.
A)local
B)national
C)international
D)federation
7
State governments that ban union shops have __________ laws.
A)right-to-work
B)Taft-Hartley
C)National Labor Relations
D)collective bargaining
8
When management blocks workers from entering its buildings until they agree to contract terms it is called __________.
A)a strike
B)arbitration
C)a lockout
D)mediation
9
The requirement that corporations publish information on sales, expenses, and profits is called __________.
A)transparency
B)an open door policy
C)translucency
D)arbitration
10
The law requiring businesses to treat all workers fairly is called the __________.
A)Individuals with Disabilities Act
B)Americans with Disabilities Act
C)Disabilities Employment Opportunity Act
D)Opportunities for All Act
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