An Organizing Drive Usually Continues Until the Union Obtains Signed

question 23

True/False

An organizing drive usually continues until the union obtains signed authorization cards from 75 percent of the employees,at which point it can petition the NLRB for a representation election.

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Definitions:

Exit Price Approach

A valuation method that determines the price a seller would receive to sell an asset or transferred liability.

Transaction Costs

The expenses associated with buying or selling goods, services, or financial instruments, which may include commissions, fees, and bid-ask spreads.

Fair Value

A financial term for the estimated worth of an asset or liability, based on current market conditions.

Commercial Paper

An unsecured, short-term debt instrument issued by companies to finance payroll, receivables, and other short-term liabilities.