Which of the Following Did Not Encourage Union Mergers

question 22

Multiple Choice

Which of the following did not encourage union mergers?

• A) Decline of some US industries
• B) Executive preference
• C) Avoidance of external controls
• D) Jurisdictional disputes
• E) Economics of scale.

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Definitions:

Limited Liability

A legal structure that limits shareholders' or owners' personal responsibility for a company's debts and liabilities to their investment in the company.

Creditors

Individuals or institutions to whom money is owed by a person or organization.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, thus having a residual claim on the corporation's assets after liabilities have been paid.

Articles Of Incorporation

The document filed with a governmental body to legally document the creation of a corporation.