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A Business's ____ Refers to Its Ability to Continue to Operate

question 214

Multiple Choice

A business's ____ refers to its ability to continue to operate in the event of the death, retirement, or other incapacity of an owner of the business.


Definitions:

Property Rights

Legal rights to possess, use, and distribute property.

Worker Rights

The entitlements and protections afforded to employees, including fair wages, safe working conditions, and freedom from discrimination.

Representation Gap

The discrepancy or disconnect between the interests and needs of workers and the extent to which they are represented or addressed within the workplace or through collective bargaining.

National Labor Relations Act

A foundational U.S. law enacted in 1935 that protects the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

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