Employees Were Striking at the London Met University Last Year

question 238

True/False

Employees were striking at the London Met University last year.Very few students were crossing the picket line.In fact,the city's postal employees refused to deliver mail there claiming that they were honoring the strike for their fellow service union members.The Postal employees were participating in a voluntary secondary boycott.

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Definitions:

Convergence

The phenomenon where the futures price of a commodity tends to approach the spot price as the contract expiration date nears.

Margin

The practice of buying an asset by using funds borrowed from a broker, often used in stock trading to leverage investments.

Futures Contract

A standardized legal agreement to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.

Zero Coupon Interest Rate

An interest rate that applies to a bond or loan that does not pay periodic interest, only paying the face value at maturity.