Featherbedding Refers to

question 5

Multiple Choice

Featherbedding refers to

• A) negotiating better fringe benefits than nonunion workers.
• B) one union using a previously negotiated contract as a starting point for its own negotiations.
• C) firing high-wage workers when the union goes on strike.
• D) the union requiring the firm to hire more workers than are actually needed to perform a particular task.
• E) the union using its members' dues to fund political activities.

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Definitions:

Rights of Assignee

Legal entitlements transferred to an assignee, allowing them to claim the benefits under the contract or agreement from the assignor.

Business Loan

A loan specifically intended for business purposes, where funds are lent to a business entity in exchange for future repayment of the loan principal amount along with interest or other finance charges.

Investor

An individual or entity that allocates resources with the expectation of achieving a financial return.

Creditor

An individual or entity that is owed money or has a claim to the assets of a debtor.