Which of the Following Is True of Craft Unions

question 9

Multiple Choice

Which of the following is true of craft unions?

• A)Typically, the members of a craft union represent many different occupations.
• B)Membership in the union is a result of working for a particular employer in the industry.
• C)Changing employers is very common.
• D)All the members of a craft union have a particular skill or occupation.
• E)All the members of a craft union are linked by their work in a particular industry.

---

Definitions:

Assignee

The party who receives rights or interests in a contract from the assignor.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or promissory note, and has the right to enforce its terms.

Certificate Of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, issued by banks to individuals investing money for a period.

Principle Plus Interest

The total amount owed or invested, composed of the original sum (principal) and the earnings on that sum (interest).