When Does Collective Bargaining Occur

question 37

Multiple Choice

When does collective bargaining occur?

• A) When all employees (not just the bargaining committee) get involved in bargaining
• B) When management requests a meeting with a union official to discuss a grievance
• C) When union and management representatives meet to negotiate a new contract
• D) When a mediator is asked to help resolve a deadlock in negotiations
• E) When the employee presents a grievance

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Definitions:

Property Taxes

Property Taxes are levies on property owned by individuals or other legal entities, usually based on the value of the property.

Valuation Rate

A rate used to estimate the current value of assets or liabilities for purposes of financial reporting or appraisal.

Market Value

The prevailing rate at which a good or service is available for purchase or sale on the open market.

Market Value

The present rate at which one can buy or sell an asset or service on the open market.