While an Employer May Choose to Recognize a Union as a Bargaining

question 89

True/False

While an employer may choose to recognize a union as a bargaining representative, only the employees may certify a union as a bargaining representative.

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Definitions:

Rights Offering

A financial mechanism by which a company offers its existing shareholders the opportunity to purchase additional shares directly, often at a discount.

Subscription Price

The cost at which existing shareholders can purchase additional shares of stock, typically lower than the current market price.

Market Price

The current price at which an asset or service can be bought or sold in a given market.