Examlex
Explain the basic arrangement between an insurance company and an insured.
Evaluative Tool
An instrument or methodology used to assess the effectiveness, impact, or value of a program, policy, or process.
Good Faith Bargaining
The duty of both parties in a negotiation (e.g., employers and employees' union) to meet and negotiate at reasonable times with willingness to reach an agreement on matters under negotiation, such as wages, hours, and terms and conditions of employment.
Strike Capability
The ability of workers or a labor union to carry out a strike effectively in pursuit of their demands.
Interest Arbitration
A dispute resolution method where an impartial arbitrator makes binding decisions on labor-management disputes, especially during collective bargaining.
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