Under the National Labor Relations Act,the Union Has a Duty

question 18

True/False

Under the National Labor Relations Act,the union has a duty of fair representation,which means the union must give equal representation to all members of the bargaining unit,whether or not they actually belong to the union.

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Definitions:

Pension Funds

Investment pools that collects money from employees for future retirement benefits.

Investment Strategy

A set of rules, behaviors, or procedures designed to guide an investor's selection of an investment portfolio.

Market Prices

Market Prices refer to the current price at which an asset or service can be bought or sold in a particular market.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation or a creditor relationship with a government or corporation.