For a Union to Be Decertified, It Is Mandatory That

question 1

True/False

For a union to be decertified, it is mandatory that the union must have served as the official bargaining agent for the employees for at least 3 years.

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.

Equity

The residual interest in the assets of a business after deducting its liabilities, representing the ownership interest of shareholders.

Assets

Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.

Liabilities

Financial obligations or debts a company owes to external parties.