When a Union Has a Collective Agreement with an Employer

question 62

Multiple Choice

When a union has a collective agreement with an employer and the employer sells the business to another entity, which of the following is correct:

• A) The collective agreement is terminated.
• B) The purchaser is bound by the terms of the collective agreement.
• C) The collective agreement is binding upon the purchaser if it approves the agreement.
• D) The collective agreement continues to run for the remainder its term but the union's bargaining rights expire at the end of the agreement.
• E) A vote is held among employees to determine if they want the union to continue to represent them.

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Definitions:

Linear Regression

A statistical method to model the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.

Predictor Variables

Variables in statistical models that are used to predict or explain changes in a dependent variable.

Correlation Matrix

A table showing correlation coefficients between variables, indicating the strength and direction of relationships.

Durbin-Watson Test

A statistical test used to detect the presence of autocorrelation at lag 1 in the residuals from a regression analysis.