Grievance Arbitration Clauses Normally Require Disputes Between Unions and Employers

question 50

True/False

Grievance arbitration clauses normally require disputes between unions and employers to be resolved by an external grievance procedure.

---

Definitions:

Bankruptcy Proceeding

A legal process in which individuals or entities who cannot pay their debts seek relief through the court system.

Chapter 11

A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure their debts.

Debtor Corporation

A business entity that owes money to creditors.

Creditors

Individuals or entities that are owed money by others, usually as a result of extending loans, credit, or services.