The Bill That If Passed,will Make It an Unfair Labor

question 28

Multiple Choice

The bill that if passed,will make it an unfair labor practice for an employer to recognize or bargain with a union that has not been selected by a majority of employees in a secret ballot election is called the:

• A) ​Employee Free Choice Act.
• B) ​Secret Ballot Protection Act.
• C) ​Taft-Hartley Act.
• D) ​National Labor Relations Act.
• E) ​Employment Relations Act.

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Definitions:

Long-Term Credit Sales

Sales made on credit with repayment terms extending beyond the standard period, typically over a year or more.

Profitable Credit Sales

Sales made on credit that generate a profit for the company, after accounting for the cost of goods sold and other expenses related to the sale.

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal, used in accounting to determine the value of an asset in the balance sheet.

Unrealized Loss

A decrease in the value of an investment or asset that has not been sold, hence the loss has not been realized.