After an Agreement Is Reached in Negotiations,it Must Be Put

question 118

True/False

After an agreement is reached in negotiations,it must be put into writing and be ratified by the union membership,not just endorsed by the leaders.

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Definitions:

Spendthrift Trust

A trust designed to provide financial support to a beneficiary while protecting the trust assets from the beneficiary's creditors or from being spent recklessly by the beneficiary.

Creditors

Individuals or entities to whom money is owed by a debtor or the company.

Interested

Refers to having a stake or concern in an outcome or matter due to potential personal gain, loss, or impact.

Disinherited

The act of deliberately removing or excluding a lawful beneficiary from receiving any part of an estate or inheritance in a will.