Which of the Following Is Correct Regarding a Strike

question 8

Multiple Choice

Which of the following is correct regarding a strike:

• A) A strike vote must be held, and the strike must be approved by bargaining unit employees.
• B) A strike vote must be held, and the strike must be approved by employees in the bargaining unit who are union members.
• C) A strike cannot commence until the last three months of an expiring collective agreement.
• D) A strike notice is required in all jurisdictions.
• E) a and d

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Definitions:

Convertible Bond

This is a bond that provides the holder the ability to convert it into a set number of shares of the issuer's stock at agreed-upon times over the bond's term, often by the choice of the investor.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Discount Bond

A bond that is sold for less than its face value.

Face Value

The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate, representing its official worth or repayment value at maturity.