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Different Forms of Market Efficiency Are

question 31

Multiple Choice

Different forms of market efficiency are:
I. Weak form
II. Semi-strong form
III. Strong form

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Definitions:

Good Faith

The honest intent to act without taking an unfair advantage over another party, often required in contractual agreements.

Collective Agreement

A written contract negotiated through collective bargaining for labor between an employer and a union representing the employees.

Legal Bargaining Agent

A representative, often a union, designated to negotiate employment terms on behalf of a group of employees.

Bargaining Agent Status

The official recognition of a union as the representative of a group of employees for the purposes of collective bargaining.

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