Which of the Following Categories of Workers Is Covered by the National

question 49

Multiple Choice

Which of the following categories of workers is covered by the National Labor Relations Act?

• A) Nonsupervisory or nonmanagerial employees, including part-time workers
• B) Independent contractors
• C) Agricultural and domestic workers
• D) Workers employed by their spouse or parent

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Equity

The value of an ownership interest in a company, calculated as the company's assets minus its liabilities.

Debt

An amount of money borrowed by one party from another, usually with the condition of repayment with interest.

Put Contract

A financial contract granting the owner the privilege to sell a certain asset at a predetermined price during a set period.