Employees at Borders Bookstore Recently Held a Strike to Force

question 18

Multiple Choice

Employees at Borders Bookstore recently held a strike to force their employer to negotiate a labor contract.Borders's employees possessed the right to do this because of the_____.

• A) Taft-Hartley Act
• B) National Labor Relations Act
• C) Employee Retirement IncomeSecurity Act
• D) Occupational Safety and Health Act
• E) Fair Labor Standards Act

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Definitions:

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a specified time.

Capital Gain

The profit from the sale of a capital asset for more than its purchase price.

Strike Price

The fixed price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.

Call Options

Financial contracts that give the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a certain time period.