Union Shops Are Illegal in the State of North Carolin

question 231

Multiple Choice

Union shops are illegal in the state of North Carolin A.This means that North Carolina:

• A)is violating federal law.
• B)has passed a right-to-work law.
• C)allows firms to use yellow-dog contracts.
• D)is taking advantage of a loophole in the National Labor Relations Act.

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Definitions:

Cash-flow Hedge

A financial strategy used to manage risk associated with variability in cash flows due to changes in exchange rates, interest rates, or commodity prices, by using derivatives.

Net Exchange Gain

The profit from exchanging one currency for another after accounting for currency fluctuations and transaction costs.

Forward Contract

A tailor-made agreement between two entities to purchase or sell a specific asset at a predetermined price on a future date.

Forward Contract

A financial contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today, not traded on an exchange.