aPHR Certification exam study guide
The Clayton Act (1914) - Answer- Modified the Sherman Anti-Trust act by prohibiting
mergers and acquisitions that would lessen competition. Also prohibits a single person
from being a director of two or more competing corporations. Restricts injunctions
against labor and legalized peaceful strikes, picketing, and boycotts.
The Consumer Credit Protection Act (1968) - Answer- Congress expressed limits to the
amount of wages that can be garnished in any one week by an employer. Prohibits
employees from being fired because of garnishment.
The Copeland "Anti-Kickback" Act (1934) - Answer- Precludes a federal contractor or
subcontractor from inducing an employee to give up any part of their wages to the
employer to have a job.
The Copyright Act (1976) - Answer- Offers protection of "original works" for authors so
others may not print, distribute, or sell their work.
The Davis-Bacon Act (1931) - Answer- Requires contractors and subcontractors on
certain federally funded or assisted construction projects of more than $2,000 to pay
wages and benefits equal to those in the local area. Applies only to laborers and
mechanics.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) - Answer-
Offers a wide range of mandates affecting federal financial regulatory agencies and the
nation's financial services industry. Nonbinding vote for shareholders on executive
compensation, golden parachutes, return of executive compensation based on
inaccurate financial statements.
The Economic Growth and Tax Relief Reconciliation Act (2001) - Answer- Modifications
to the Internal Revenue Code that adjust pensions vesting schedules, increasing
retirement plan limits, permitting pretax catch-up contributions, modifying distribution
and rollover rules.
The Electronic Communications Privacy Act (1986) - Answer- A law composed of two
pieces of legislation, the wiretap act and the stored communications act. Provide rules
for access, use, disclosure, interpretation, and privacy protections of electronic
communications, and they provide the possibility of both civil and criminal penalties for
