Confirmations Must Be Sent Out

question 81

Multiple Choice

Confirmations must be sent out:

• A) Immediately after the deal is done.
• B) As quickly as possible after the deal is done.
• C) By electronic media only, e.g. fax, telex.
• D) Not later than the value date of the first leg of

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Definitions:

Lockout

A tactic used by employers to shut employees out of the workplace to pressure them during labor disputes, often in response to strikes or bargaining issues.

Union

An organized association of workers formed to protect and further their rights and interests; typically involved in labor negotiations.

Management

Management involves the planning, organizing, leading, and controlling of an organization's resources to achieve its objectives efficiently and effectively.

Strike

A work stoppage caused by the mass refusal of employees to work, usually in protest of employment conditions or labor disputes.