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A construction company is building a plant in a territory that is prone to earthquakes. To address the risk and consequences of potential earthquakes during and after plant construction, the company purchases additional insurance. Which of the following risk responses has occurred?
Private Sector Unionization
The process or state of organizing workers into labor unions within privately owned and operated companies, as opposed to those in the public sector.
Conspiracy Doctrine
A legal theory used historically to treat labour unions as illegal conspiracies, limiting their ability to strike or organize until legal reforms provided more protection.
Antitrust Laws
Legislation intended to promote competition and prevent monopolies by regulating the conduct and organization of business corporations.
Employment-At-Will Doctrine
A legal principle that allows an employer to terminate an employee at any time for any reason, except an illegal one, and without warning, as long as the reason is not illegal.
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