A Creditor Can Perfect a Security Interest by Filing a Public

question 27

True/False

A creditor can perfect a security interest by filing a public notice of the security interest.

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Definitions:

Unfair Labor Practice

Actions by employers or labor unions that violate the rights of workers or the regulations governing labor relations.

Closed Shop

Union security arrangement under which a person must be a union member before being hired; illegal for those covered by the National Labor Relations Act.

Wagner Act

A foundational piece of U.S. labor legislation passed in 1935 that protects the rights of workers to organize into unions, engage in collective bargaining, and take collective action such as strikes.

Collective Bargaining

The process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment.