Which of the Following Statements Is True of Suits Against

question 63

Multiple Choice

Which of the following statements is true of suits against unions?

• A) Individuals who violate no-strike provisions of a collective bargaining contract can be sued for action.
• B) A labor organization may not be sued for the acts of its agents.
• C) Members may not recover the money damages they suffer because of an illegal strike.
• D) If a union activity is both an unfair labor practice and a breach of a collective bargaining agreement, National Labor Relations Board's authority is not exclusive.
• E) Since workers can bargain individually when represented by a union, the union has an implied duty of fair representation to act reasonably, with honesty of purpose, and in good faith.

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Definitions:

Settlement Date

The date on which a trade is finalized and the buyer must make payment and the seller deliver the asset.

Forward Rate

Refers to the agreed exchange rate for a currency transaction that will occur at a future date.

Exchange Gain

A profit resulting from holding foreign currencies that appreciate against the home currency.

Financial Statements

Official records of the financial activities and position of a business, person, or other entity, presented in a structured manner.