Bus 151 3

five (5) items which must be disclosed under TILA

1. Amount of loan 2. Interest rate 3. APR 4. Prepayment penalty 5. Late penalty

List 4 types of exempt property under the Bankruptcy Code

1. Equity in property 2. Professionally prescribed health aids 3. Government benefits 4. Interest in jewelry

2 requirements for a worker's comp. injury to be compensable

1. Happens on the job 2. Happen within the scope of employment

List 3 defenses to a Title VII discrimination claim

1. Merit 2. Seniority 3. BFOQ

List 4 nondischargeable debts in bankruptcy

1. Student loans 2. Alimony 3. Child support 4. Government taxes

3 types of illegal strikes

1. Wild cat 2. Sit down 3. Violent strikes

COBRA

Allows you to keep medical coverage for 18 months after you are terminated or leave a position.

Define "reasonable accommodations" and to which Act do they apply

Applies to the Americans with disabilities act. It means that employers need to reasonable accommodations so if you are handicapped you can work in that particular position.

Wetlands

Areas that are inundated or saturated by surface water that support vegetation

Preferential Transfer

Before you file bankruptcy, you transfer assets to another individual. "transfer property in order to defraud a creditor"

Proof of claim

Form that the insurance company asks you to fill out to show what items were damaged as a result of the loss

Deficiency Judgment

If they get a judgement against you, but you owe more money than what the property is work a deficiency judgement is made for the difference.

Impact discrimination

Indirect discrimination Example: all NYC police officers need to be 6 ft. tall, that discriminates against women

Harris v. Forklift Systems, Inc.

Issue: Harris was harassed at work by her boss because she was a women and he made sexual comments at her. Did this create a hostile work environment? Decision: Yes, this was a hostile work environment and it does not matter if she was psychologically affected it was obviously a bad situation and the boss was inappropriate.

Smith v. Worker's Compensation Appeal Board

Issue: Teacher fell and died at the teacher's picnic and they wouldn't award the wife workers comp and she sued? Yes, it is workers compensation because being at the picnic was part of their wages and increases so they overturned it because it was work related and provided her with works comp.

Fair Labor Standards Act

It regulates wages and hours that children can work

Equal Pay Act of 1963

Male and female do the same job and require the same qualifications, they have to be paid the same

the Insecticide, Fungicide & Rodenticide Act

Regulates What kind of chemicals that companies can spray on residential grass

affirmative action

Reverse discrimination

environmental impact statement

Statement that the developers have to prepare if they are going to develop an area that might have environmental issues.

Automatic Stay

When you file bankruptcy, the courts issue an automatic stay so that the creditors cannot continue to harass you.

What are your rights regarding door-to-door sales

You do not have to pay for the product

ECOA

equal credit opportunity act

FCRA

fair credit reporting act

FDCPA

fair debt collections practices act

FDCA

food drug and cosmetics act

TILA

truth in lending act