The Initial Stage of the Procedure in Which a Union

question 65

Multiple Choice

The initial stage of the procedure in which a union and an employer negotiate over a contract is known as

• A)featherbedding.
• B)collective bargaining.
• C)mediation.
• D)arbitration.

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Definitions:

Consumer Protection

Laws and strategies designed to ensure the rights of consumers, as well as fair trade, competition, and accurate information in the marketplace.

Negotiable Instruments

Financial documents that guarantee the payment of a specified amount of money, either on demand or at a set time.

Transferring Funds

The act of moving money from one account to another, across individuals, businesses, or banking institutions.

Retake Possession

The act of reclaiming ownership or control of property or assets, often legally after a breach of agreement or law.