Examlex
Which of the following statements is true?
Arbitrator's Responsibility
The obligation of an arbitrator to conduct fair and unbiased hearings and make decisions in disputes between parties, typically within the context of labor relations.
Bargaining Power
indicates the capacity of one party in a negotiation to influence the agreement terms in their favor, often due to their position, resources, or alternatives available.
Lockout
An action taken by employers to prevent workers from entering the workplace, typically used during labor disputes to pressure the union to accept contract terms.
Collective Bargaining
The process of negotiation between employers and a group of employees aimed at agreements to regulate working conditions.
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