Jacob Works in a Union Shop

question 6

Multiple Choice

Jacob works in a union shop. He and his supervisor have a disagreement over his work schedule so he goes to his union steward to complain. Which of the following is most likely going to be the outcome?

• A) The union steward will act as an arbitrator in the dispute.
• B) Jacob's coworkers will go on strike in support of him at the union steward's request.
• C) Union steward can agree with the supervisor.
• D) Jacob can ask for a decertification of the union.
• E) The supervisor will be disciplined for disagreeing with the employee.

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Definitions:

Deposited

The act of placing money into a financial institution or account for safekeeping or to earn interest.

Present Amount

The present value of an anticipated amount of money or series of cash flows, assessed by a predetermined rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Received

Pertains to the act of acquiring or getting something from another party.