Which of the Following Is True of the Wagner Act

question 25

Multiple Choice

Which of the following is true of the Wagner Act?

• A)Under the Wagner Act, states are allowed to pass the right-to-work laws.
• B)It states that agency shops, union shops, and the maintenance of membership are illegal.
• C)It prohibits employees from going out on strike to secure better working conditions.
• D)It established an eight-hour workday, with additional pay for overtime work.
• E)It actively supports collective bargaining.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time for an investment.

Internal Rate of Return

Internal Rate of Return (IRR) is a financial metric used to evaluate the profitability of potential investments, representing the discount rate at which the net present value of costs (cash outflows) and benefits (cash inflows) of an investment equal zero.

Net Working Capital

A financial metric that represents the difference between a company's current assets and current liabilities.

Cash Flows

The total amount of money being transferred into and out of a business, affecting the company's liquidity, solvency, and overall financial health.