A Union Declares Its Workers Are Going on Strike

question 29

Multiple Choice

A union declares its workers are going on strike.The employer states the collective bargaining agreement is still in force for another eight months and that it contains a no-strike clause.The union claims the CBA's no-strike provision is not binding since new union leadership is in place.Which of the following statements is correct?

• A)The union can strike since new leadership is now in control.
• B)The union can strike since no-strike provisions have been ruled by the courts to be unenforceable.
• C)The union cannot strike,as strikes to exert economic pressure on management are prohibited by the NLRA.
• D)The union cannot strike because of the no-strike clause in the contract.

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Definitions:

Investing Activities

Financial transactions and events related to acquiring or disposing of assets, such as the purchase or sale of equipment or securities, reflected in the cash flow statement.

Statement

A written or digital document that records the details of a particular financial or operational activity within a specific period.

Cash Flows

The inflows and outflows of cash and cash equivalents, representing the operational, investing, and financing activities of a business.

Cash Balance

The amount of cash a company has available at any given time, reflecting the company's liquidity position.