Which of the Following Is a Term the Parties Are

question 95

Multiple Choice

Which of the following is a term the parties are required by law to include in a collective agreement:

• A) a minimum term of one year
• B) management rights
• C) a provision dealing with contracting out
• D) a provision dealing with seniority
• E) a provision dealing with discrimination

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Definitions:

Quarterly Payroll

The total amount of wages paid by a business to its employees in a three-month period.

Ordinary Simple Interest

A method of calculating the interest charge on a loan based on the principal amount, interest rate, and time.

360-Day Year

Refers to an accounting simplification where a year is assumed to have 360 days instead of 365 or 366, commonly used in financial calculations.

Landscape Company

A business specializing in designing, implementing, and maintaining outdoor gardens and spaces, often including planting, hardscaping, and lawn care services.