When Companies in an Industry Pool Their Financial Resources to Help

question 1

Multiple Choice

When companies in an industry pool their financial resources to help cover the costs of a member company whose workers go on strike,the effort is called which of the following?

• A) resource sharing
• B) a mutual-aid pact
• C) partners in strikes
• D) mutual assistance

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Definitions:

Homestead

A dwelling with its land and buildings, occupied by the owner as their primary residence, often associated with historical laws granting land to families for farming or settlement.

Petition of Committee

A formal request or appeal submitted to an authoritative body, often composed by a group or committee, advocating for a particular cause or action.

Land Monopoly

A situation where a significant portion of land is owned or controlled by a single individual or entity, limiting access for others.