The 1935 Act Granting Workers the Right to Form Unions

question 193

Multiple Choice

The 1935 Act granting workers the right to form unions and bargain collectively is known as

• A) the National Labor Relations Act or Wagner Act.
• B) the Wheeler Act.
• C) the Taft-Hartley Act.
• D) the Modernization Act.

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Definitions:

Shares

Units of equity ownership in a corporation, representing a portion of the company's capital stock.

Under IFRS

Refers to the accounting and reporting standards under the International Financial Reporting Standards framework, used globally.

Equity

The ownership interest held by shareholders in a corporation, represented by the residual assets of the company after deducting liabilities.

Shareholders' Funds

The total value of all a company's assets minus its liabilities, representing the equity ownership of shareholders.