The Process Whereby a Union Is Legally Deprived of Its

question 83

Multiple Choice

The process whereby a union is legally deprived of its official recognition as the exclusive bargaining agent for a group of employees is known as

• A)decertification due to fraud.
• B)voluntary decertification.
• C)decertification.
• D)automatic decertification.
• E)termination of a voluntarily-recognized union.

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Definitions:

Company

An organized entity formed for the purpose of conducting business, which may involve selling goods or services.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares to the public for the first time.

Open Market

A system or environment where goods, services, and financial instruments are traded freely between participants without significant restrictions.

Return of Cash

The process of distributing cash to shareholders, usually in the form of dividends or the repurchase of shares, representing a return on their investment.