__________ Are Labor Organizations That Represent Various Groups of Professional

question 16

Multiple Choice

__________ are labor organizations that represent various groups of professional and white-collar employees in labor management relations.

• A)Craft unions
• B)Industrial unions
• C)Employee associations
• D)Management clubs

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Definitions:

Anticipatory Repudiation

Occurs when one party to a contract communicates their intention not to fulfill their obligations under the contract before they are due.

Compensatory Damages

Money awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a result of another's breach of duty or negligence.

Liquidated Damages

A clause in a contract that determines a fixed amount of compensation owed if one party fails to fulfill the contract's terms.

Anticipatory Repudiation

A breach of contract occurring when one party unilaterally declares they will not fulfill their contractual obligations before they are due to perform.