What is a key characteristic of the Taft-Hartley Act?

A key characteristic of the Taft-Hartley Act is its requirement for unions to disclose financial activities. This legislation, officially known as the Labor Management Relations Act of 1947, was designed to balance the power between unions and employers. One of its primary goals was to increase transparency within labor organizations. By mandating that unions provide details about their financial activities, the Act aimed to safeguard the rights of union members and ensure accountability in how union funds are managed and utilized.

This transparency is crucial for maintaining trust between union leadership and members, and it empowers union members to make informed decisions about their representation. While the other options imply various restrictions on unions or individual employee rights, they do not accurately capture the essence of the Taft-Hartley Act, which emphasizes disclosure and accountability rather than outright prohibitions on union activities.