Why Did the Service Employees International Union (SEIU) Indicate, in 1973

question 14

Multiple Choice

Why did the Service Employees International Union (SEIU) indicate, in 1973, that the Saskatchewan Registered Nurses Association (SRNA) should not be permitted to act as a trade union?

• A)The SEIU did not want to lose members.
• B)The SRNA did not have bargaining skills.
• C)The SEIU would have to alter its mandate.
• D)The SRNA's Board of Directors included nursing managers.

---

Definitions:

Unsecured Bonds

Bonds issued without collateral, relying solely on the issuer's creditworthiness.

Debentures

A type of long-term debt instrument used by corporations and governments to raise funds, not secured by physical assets or collateral.

Convertible Participating Bond

A type of bond that gives the holder the right to convert it into a specified number of shares of the issuing company and to participate in earnings beyond a specified amount.

Corporate Earnings

The profit a company makes after deducting its operating expenses and taxes, indicative of its financial health.