You Can Learn About the Financial Strength of an Insurance

question 9

Multiple Choice

You can learn about the financial strength of an insurance company by checking _____ rating system.

• A)the insurance agent's
• B)the U.S. Securities and Exchange Commission's
• C)Standard & Poor's
• D)the Federal Bureau of Investigation's
• E)a financial institution ' s

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Definitions:

Collective Bargaining

The negotiation process involving management and worker unions aiming to establish agreements on salary scales, conditions of employment, benefits, and other components of labor compensation and rights.

Labor-Management Relations

The interaction between employees or their representatives (often unions) and management in the workplace, focusing on the negotiation and application of work terms.

Rail

A mode of land transport involving trains traveling on tracks, typically used for carrying goods and passengers.

Yellow Dog Contract

An employment agreement where the worker promises not to join a labor union during the term of employment, now illegal in many jurisdictions.