The Closed Shop Form of Union Security Means That the

question 35

Multiple Choice

The closed shop form of union security means that the .

• A)employees can decide whether to join the union and only those who join pay dues
• B)employees who do not belong to the union must still pay dues
• C)employees do not have to join the union but those with memberships must maintain membership for the contract period
• D)company can hire nonunion people, but they must then join the union
• E)company can hire only union members

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Definitions:

CCA Rate

Stands for Capital Cost Allowance rate, which is the rate at which a business can claim depreciation on capital assets for tax purposes in Canada.

UCC

An abbreviation for the Uniform Commercial Code, a set of laws governing sales and commercial transactions in the United States.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up during the period.

Net Capital Spending

The total expenditure on fixed assets less any sales of fixed assets.