Which of the Following Is a Buyer Benefit That Could

question 48

Multiple Choice

Which of the following is a buyer benefit that could be used by a person selling automobile tires?

• A)steel belted
• B)service in all 50 states
• C)30,000-mile rating
• D)manufactured in the U.S.A.
• E)greater driving safety

Understand the basic principles and purpose of arbitration in the context of labor disputes and employment agreements.

Identify the historical foundation and legal precedents that establish arbitration's authority and enforceability.

Recognize the role and criteria used by arbitrators to make binding decisions in labor disputes.

Describe the conditions under which an employer can lawfully dismiss an employee within the framework of union contracts and arbitration decisions.

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Definitions:

Par-value

The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.

Zero-coupon Bonds

Bonds that do not pay periodic interest and are sold at a discount from their face value; the return comes from the difference between the purchase price and the face value paid at maturity.