Which One of the Following Statements Is True

question 18

Multiple Choice

Which one of the following statements is true?

• A)Firms try to attract unions to their plants and factories.
• B)Unions are beneficial to all workers.
• C)Unions tend to negotiate better fringe benefits for their members than what non-union workers receive.
• D)Many workers are likely to lose their jobs when firms become unionized.
• E)A union is legally allowed to undertake any bargaining tactics that it wishes.

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Definitions:

Maintenance

The routine care and servicing by personnel for the purpose of maintaining equipment or facilities in satisfactory operating condition.

Operating Lease

A lease agreement that allows for the use of an asset but does not convey rights of ownership of the asset.

Financial Lease

A long-term lease agreement that allows the lessee to use an asset while essentially assuming both the risks and benefits of ownership.

Lessor

The owner of an asset in a leasing agreement. The lessor receives payments from the lessee.