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:

Accounting Profit

Accounting profit is the monetary gain calculated by subtracting total explicit costs from total revenue.

Sunk Cost

A cost that has already been incurred and cannot be recovered, and therefore should not affect current and future business decisions.

Nonrefundable Ticket

A type of ticket for which the cost is not returned to the purchaser if they decide to cancel their booking or are unable to use the ticket.

Soccer Match

A competitive game of soccer played between two teams, adhering to specific rules and durations as specified by the sport's governing body.