Examlex
In the context of international labor relations,which of the following is true of organized labor?
Contractual Provision
Specific clauses or terms included within a contract that dictate the obligations, rights, or conditions for the involved parties.
Third-Party Beneficiary
An individual or entity that stands to benefit from a contract, despite not being a direct party to the agreement.
Contract Formed
The point at which an agreement becomes legally binding, after all parties meet the necessary legal requirements.
Delegated
Pertains to the transfer of authority or responsibility from one entity or person to another, often seen in organizational or governmental contexts.
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