What Is the Practice of an Employer Who Makes an Offer

question 85

Multiple Choice

What is the practice of an employer who makes an offer directly to unionized employees deemed to be?

• A)acceptable,as long as the union bargaining committee feels the offer is fair
• B)acceptable and known as surface bargaining
• C)an example of bad-faith employer bargaining
• D)acceptable,as long as employees have an opportunity for a ratification vote

---

Definitions:

Present Value of Annuity

The current worth of a series of cash flows generated by an annuity, calculated using a particular rate of return or discount rate.

Series of Payments

Regular payments made over a period, often associated with loans or annuities, where each payment is the same amount.

Semiannual Payments

Payments that are made twice a year, often encountered in the context of loan repayments or bond interest payments.

Compounded Semiannually

Compounded semiannually refers to the process of applying interest to an initial amount and the accumulated interest over two periods within a year.