A Sunset Clause Is

question 99

Multiple Choice

A sunset clause is:

• A) The termination date of the collective agreement
• B) The effective date of a new agreement
• C) The period of time that discipline is removed from the employees record
• D) The number of days a transfer request can be submitted by an employee
• E) The number of days an opening must be posted by the employer

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Definitions:

Transaction Costs

Expenses incurred when buying or selling securities, including broker's fees, commissions, and taxes, which can affect the overall profitability of an investment.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.

Pre-split Price

The pre-split price is the value of a stock before it undergoes a split, affecting the total number of shares in circulation but not the company's market capitalization.

Post-split Price

Post-split price is the share price of a stock after the company has completed a stock split, adjusting the price proportionately to the split ratio.