Once a Contract Has Been Settled,in Most Cases It Must

question 12

Multiple Choice

Once a contract has been settled,in most cases it must be approved by _______________________ before it can go into effect.

• A)The National Labor Relations Board
• B)The company Board of Directors
• C)The rank and file union members
• D)All of the above

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Definitions:

Bank's Obligation

The legal and ethical duties a bank owes to its customers, including confidentiality, fair treatment, and the proper handling of transactions.

Negotiability Requirements

The specific conditions or criteria that must be met for an instrument to be considered negotiable, allowing it to be transferred freely.

Unconditional Promise

A commitment made without any stipulations or requirements for its fulfillment.

Signature

A person's name written in a distinctive way as a form of identification in authorizing a document.