Method(s)by Which a Union Can Attain Exclusive Bargaining Agent Status

question 40

Multiple Choice

Method(s) by which a union can attain exclusive bargaining agent status is/are:

• A) NLRB directives.
• B) secret-ballot elections.
• C) voluntary recognition
• D) all of these
• E) secret-ballot elections and NLRB directives.

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Definitions:

Option Contract

A financial instrument allowing the owner the choice, but not the requirement, to purchase or sell a certain asset at an agreed price during a designated period.

Speculate

The action of investing in financial assets with high risk in the hope of achieving high returns.

Premium

An additional payment above the nominal or face value of a transaction, security, or insurance policy.

Option Contract

A contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price on or before a given date.