The TEAM Act Would Have Made It Easier to Form

question 108

True/False

The TEAM Act would have made it easier to form nonunion employee representation plans.

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Definitions:

Ownership Transfer

The process by which ownership rights of a property or business are transferred from one party to another.

Unlimited Liability

Unlimited Liability means that the owners of a business are personally responsible for all of the debts of the business, without any limit on the amount for which they might be liable.