Which of the Following Is Correct Regarding an Essential Services

question 21

Multiple Choice

Which of the following is correct regarding an essential services agreement:

• A) It provides that no employee in the bargaining unit can strike.
• B) It provides that arbitration is used to resolve a contract dispute.
• C) It is negotiated by the union and the employer.
• D) It is dictated by the minister responsible for labour relations.
• E) Unions prefer that a larger number of employees be designated as essential.

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Definitions:

Capital Restructuring

Changing a firm’s capital structure intentionally by buying and selling stocks and bonds simultaneously.

Leverage

Leveraging borrowed money to enhance the expected gains from an investment.

Financial Risk

The chance of experiencing financial loss from an investment or enterprise because of different economic elements.

ROA

Return on Assets is a measure of how effectively a company uses its assets to generate profit, calculated as net income divided by total assets.