The ________ Act Is Also Known as the Labor-Management Relations

question 23

Multiple Choice

The ________ Act is also known as the Labor-Management Relations Act.

• A)Taft-Hartley
• B)Occupational Safety and Health
• C)Fair Labor Standards
• D)Wagner
• E)Landrum-Griffin

---

Definitions:

Sole Proprietorship

A type of business entity owned and operated by one individual, with no legal distinction between the owner and the business.

Organizational Flexibility

The ability of a company or organization to adapt quickly to changes in its environment, including market trends, technologies, and internal dynamics.

Limited Liability

A legal structure where an individual's financial risk is limited to a fixed amount, typically the value of their investment in a company.

Perpetual Existence

A term used to describe a company's ability to continue operating indefinitely unless it decides to terminate.