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The Rights of Workers to Pay Only That Portion of Union

question 83

True/False

The rights of workers to pay only that portion of union dues that is used for collective bargaining and contract administration are called "Beck rights."


Definitions:

Shares Authorized

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Proxy

A person authorized to act on behalf of another, especially in voting at a shareholder meeting, or the document authorizing the person to vote.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation, with voting rights and the potential for dividends.

Outstanding

An amount of money that is still owed or an issue that has not yet been resolved.

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