Hazards May Increase Either the Frequency or the Severity of Losses

question 60

True/False

Hazards may increase either the frequency or the severity of losses.

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Definitions:

Bargaining Range

The spectrum of possible agreements in negotiation between the minimum acceptable offer and the maximum possible offer.

Bargaining Zone

Area within which the union and the employer are willing to concede when bargaining.

Canadian Labour Congress

A national trade union center in Canada, representing the interests of unionized workers.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a national federation of labor unions in the United States.