The Sherman Act
This is the famous Sherman the Act was NOT named after. It's named after a legislator who wrote the bill in 1890.
Who is William Tecumseh Sherman, a famous civil war general who led the Georgia march to the sea of union troops?
It was passed by the U.S. Congress and signed into law in 1914, that defines unethical business practices.
What is the Clayton Act?
Because of the Sarbanes-Oxley Act of 2002, corporate officers who knowingly certify false financial statements can go here.
What is prison?
This is the mammal that the act is NOT named after.
What is a hippopotamus?
You receive a phone call from local police indicating they are trying to determine if a student was scheduled for class on a specific day and time. Since they are in the middle of an investigation, are you permitted to share the student's schedule with them?
What is "it depends upon the situation?" You are advised to speak to leadership and make a decision together.
This is the business dealing of only allowing one or a very small number of business to control an industry.
What is a monopoly?
When a company sets prices low, often below cost, to drive competitors out of business. Once competition is gone, the company raises prices because it has no competition left. This harms competition and results in higher prices for consumers and lower worker wages.
What is predatory pricing?
Section 404 of SOX requires management and auditors establish these items. Critics have complained these can have negative impact on publicly traded companies because these are expensive to establish/maintain.
What are internal controls?
Common MISSPELLING OF the act. H-I-P-A-A is the correct spelling. Regardless of which spelling you type into a search engine, you will be redirected to the correct HIPAA results.
What is HIPPA?
You are the IT person. A local politician requests a list of names/addresses of all 18-year-old students to send them a letter urging them to register to vote. The politician's office promises the info sent to the students will be non-partisan in nature. Do you provide the list?
What is "not if you want to keep your job?"
What is a cartel?
This happens when company forces customers to buy a product in order to purchase another product. Two products are “tied” together to restrict customer choice limiting competition. If an illegal tying arrangement is in place, a seller can use market power on popular product to force customers to buy second, lesser product.
What is an illegal tying agreement?
Sarbanes-Oxley Act mandated a rule requiring public company to disclose whether it has adopted a code of these for senior financial officers and, if so, to make code of these available to the public.
What is a code of ethics?
This term is often used to describe electronic labeling or tagging of patient health information in a way allows patients or providers to electronically share parts, but not all, of a patient record.
What is HIPAA data segmentation?
This is the most common FERPA violation.
What is releasing information without consent?
This is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.
What is a trust?
This occurs when two companies join together to lessen competition or create monopoly. This reduction in competition harms consumers by leading to higher prices or fewer choices for products or services. It can also harm workers by leading to lower wages or fewer choices for employment.
What is an illegal merger?
Sarbanes-Oxley of 2002 is a direct result of this energy company's downfall.
What is the Enron?
These items are collected and many people THINK these are covered by HIPAA, but they are not.
What are sleep patterns, heart rate, fall rates, walking ratings, and exercise rates?
Only schools receiving money from this entity are subject to FERPA.
What is the US Department of Education?
This law prohibits conspiracies that unreasonably restrain trade. Agreements among competitors to fix prices or wages, rig bids, or allocate customers, workers, or markets, are criminal violations.
What is the Sherman Act?
This law aims to promote fair competition and prevent unfair business practices. It prohibits certain actions that might restrict competition, like predatory pricing and mergers to lessen competition.
What is the Clayton Act?
SOX Act of 2002 mandates this group is responsible for appropriately and truthfully storing records.
What is the IT department of the company?
This happens when a person steals your identifying information and uses it to receive medical care in your name.
What is medical identity theft?
Postsecondary students now own their FERPA rights…except when these are involved.
What are taxes if a parent still claims you as a dependent?