Locals Dealing with Several Employers Often Hire a _____ Who

question 7

Multiple Choice

Locals dealing with several employers often hire a _____ who ensures that contracts are being followed and refers members to available employment.

• A) national union official
• B) business agent
• C) steward
• D) field representative

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Definitions:

Premium

An additional amount over the normal cost, or the portion of insurance payments above the cost of the insured risk.

Discount

A reduction applied to the usual cost of goods or services, or in finance, an amount deducted from the face value of a bill of exchange or loan.

Par

The nominal or face value of a bond, stock, or coupon as indicated on a certificate or instrument.

Stockholders' Equity

The ownership stake of shareholders in a corporation's assets, remaining after all liabilities have been subtracted.