Examlex
Employees join unions to gain some influence over their working conditions and wages, which is achieved through the process called collective bargaining.
Illegal
Activities or actions that are prohibited by law and subject to penalties.
Offer
A proposal by one party to enter into a legally binding agreement with another party.
Unilateral Contract
A contract in which only one party promises to perform without requiring a reciprocal promise to act from the other party.
Bilateral Contract
A legally binding agreement involving two parties where each is obligated to fulfill their respective promises or actions.
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