Private Corporations Have Not Had to Recognize Employee Rights Because

question 33

Multiple Choice

Private corporations have not had to recognize employee rights because

• A) they are exempted from doing so by federal law.
• B) society has honored the corporation's private property rights.
• C) employees have never demanded them.
• D) management has been separated from ownership.

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Definitions:

Money

An economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy.

Reserve Requirement

The minimum amount of reserves that banks must hold, either in their vaults or with the central bank, as a proportion of deposits.

Excess Reserves

The surplus funds that banks hold over the required minimum set by the central bank to meet unexpected withdrawals.

Deposits

Funds stored in a bank or similar entity for security purposes that have the potential to accrue interest as time passes.