Section 9(b)of the NLRA Provides That the Definition of an Appropriate

question 45

Multiple Choice

Section 9(b) of the NLRA provides that the definition of an appropriate bargaining unit is a matter left to the:

• A)company management.
• B)labor union organizations.
• C)NLR board's discretion.
• D)federal government.

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Definitions:

Note Payable

A financial obligation or loan evidenced by a written promissory note specifying payment terms.

Discounted Note

A promissory note whose proceeds are issued at a price lower than its face value, with the difference compensating the lender for risk.

360-Day Year

An accounting convention that simplifies interest calculation by assuming all months have 30 days, resulting in a 360-day year.

Interest Charged

The cost incurred for borrowing money or the amount earned on deposited funds, usually expressed as a percentage of the principal.