Which of the Following Must Happen Before a Union Can

question 49

Multiple Choice

Which of the following must happen before a union can be formed at a company?

• A) the union must gain permission from the company's management
• B) the union must gain permission from the federal government
• C) some employees of the company must be interested in union representation
• D) employees must demonstrate that management is unable to act in their best interests

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Definitions:

Specified Period

A particular duration or timeframe set out in a financial agreement or investment term.

Strike Price

The fixed price at which the owner of an option can purchase (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Risk-Free Rate

The rate of return on an investment with zero risk, typically associated with government bonds, serving as a baseline for evaluating investment risk.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.