Unions Have the Power to

question 23

Multiple Choice

Unions have the power to

• A)set all working rules.
• B)increase the firm's total taxes.
• C)push wages above competitive levels at times.
• D)make a firm nationalized.

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Definitions:

Settlement Terms

Conditions that are agreed upon by parties to resolve a dispute or a lawsuit, often involving compromises or payments.

Bargaining Obligation

The legal responsibility of employers and unions to negotiate in good faith over terms and conditions of employment, including wages, hours, and working conditions.

Impasse

A situation in negotiations where no agreement can be reached because the parties involved cannot find a solution to their differences.

Recognition Strike

A strike action undertaken by workers to compel an employer to recognize their union as the official bargaining agent.