Examlex
Union representatives of Penderton Bakery make a formal request to management for a meeting to discuss wage increases,health care benefits,holiday pay,the amount of union dues,and the frequency of union elections.Management rejects the request outright but raises wages by 2 percent for all employees.Discuss management's actions under the National Labor Relations Act.
Operations
Refers to the day-to-day activities necessary for running a business and generating value.
Partnership Interest
The share or portion of a partnership that is owned by one of the partners, representing the partner's stake in the partnership's assets, liabilities, and operations.
Co-ownership
A legal agreement where two or more parties jointly own a property or asset, sharing rights and responsibilities.
Existing Partners
Current members of a partnership who have previously entered into a partnership agreement and are actively involved in the business operations.
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