The Coogan Law Explained

Who was the Coogan Law named after?

• Maurice Coogan, a famous lawyer

• Jackie Coogan, a child actor

• Harry Coogan, a state governor

• Antonio Coogan, a film director

What happened when Jackie Coogan turned 18?

• He collected over $4,00,000 that he earned as a child actor.

• His parents gave him half of the money he had earned as a child actor.

• He discovered his parents had spent almost all of the the money he made as a child actor.

• His production company kept all of the money he'd earned as a child actor.

What was the primary reason for the creation of the Coogan Law?

• To increase taxes on child actors' earnings

• To protect child actors from financial exploitation

• To limit the number of hours child actors could work

• To ensure child actors received a proper education

What does the Coogan Law require parents to do with a portion of their child's earnings?

• Invest it in stocks

• Donate it to charity

• Put it in a trust until the child turns 18

• Spend it on the child's education

What is a Coogan account?

• A savings account for any minor

• A trust account specifically for child actors' earnings

• A checking account for parents of child actors

• An investment fund for the entertainment industry

What percentage of a child actor's earnings must be set aside in a Coogan account according to the law?

• 15%

• 10%

• 25%

• 30%

What is one of the main criticisms of the Coogan Law?

• It is too difficult to enforce

• It takes too much money away from parents

• It does not apply to enough professions

• It is too easy to circumvent

What impact did the Coogan Law have on the entertainment industry?

• It led to fewer child actors being hired

• It improved the financial security of child actors

• It caused a decrease in the production of children's movies

• It had no significant impact

What happens if the Coogan Law is violated?

• The child actor is banned from acting

• The parents are fined

• The production company is fined

• Both B and C

Why is the Coogan Law still relevant today?

• Child actors no longer work in the entertainment industry

• The entertainment industry has significantly changed

• Financial exploitation of child actors has been completely eradicated

• New forms of media have emerged, creating new opportunities and challenges