A Bill of Lading

question 85

Multiple Choice

A bill of lading

• A)is a document issued by the common carrier specifying that it has received the foods for shipment; it can serve as title to the goods.
• B)later becomes a banker's acceptance.
• C)is a time draft that calls for payment upon physical delivery of goods.
• D)none of the above

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Definitions:

Labor Unions

Organizations formed by workers from related fields that work together to secure favorable wages, working conditions, and other employment benefits.

Open Shop

When no one is forced to join a union even though the union represents all the workers in contract negotiations.

Collective Bargaining

The method in which employers and employee representatives engage in discussions to reach agreements on setting salaries, work conditions, and various elements of employee benefits and rights.

Collective Bargaining

Collective Bargaining refers to the process by which workers, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, and more.