_____ of the NLRA Requires That the Union Be Designated

question 2

Multiple Choice

_____ of the NLRA requires that the union be designated or selected by a majority of the employees in order for the union to become the exclusive bargaining agent.

• A)Section 8(a) (3)
• B)Section 7
• C)Section 2(3)
• D)Section 9(a)

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Definitions:

Exchange Gain

A profit realized from the increase in value of foreign currency assets due to favorable changes in exchange rates.

Functional Currency

A company's primary currency used in its operations and financial reporting, often where the company principally generates and expends cash.

Exchange Rates

The price at which one currency can be exchanged for another currency in the foreign exchange market.

Current Monetary Assets

Assets that are cash or can be quickly converted to cash, including currency, bank account balances, and short-term investments.