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In This Decision, the Supreme Court Held That Consumer Picketing

question 47

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In this decision, the Supreme Court held that consumer picketing was in violation of Section 8(b) (4) because, unlike that in Tree Fruits, it was "reasonably calculated to induce customers not to patronize the neutral parties at all. . . . Product picketing that reasonably can be expected to threaten neutral parties with ruin or substantial loss simply does not square with the language or the purpose of Section 8(b) (4) (ii) (B) ."


Definitions:

Expenses

The outflow of money to pay for goods or services, an essential component of a company's operations.

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid, as opposed to the accrual basis.

Revenue Recognition

The accounting principle that governs the conditions under which revenue is recognized in the financial statements, ensuring it is recorded when earned.

Payment

It is the transfer of money or goods from one party to another as a settlement of an obligation.

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