The Agency Shop Form of Union Security Means That the ________

question 11

Multiple Choice

The agency shop form of union security means that the ________.

• A) company can hire nonunion people, but they must then join the union
• B) company can hire only union members
• C) employees who do not belong to the union must still pay dues
• D) employees can decide whether to join the union and only those who join pay dues

---

Definitions:

Shares Outstanding

The total number of a company's shares that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Market Price

The price at which an asset or service is currently being traded in the marketplace.

Acquisition

The method of gaining control over another corporation by buying its shares or assets.

Incremental Value

The added value or additional benefits generated from a decision, investment, or action compared to its absence.