Which of the Following Happens If the Government Intervenes in a Labor

question 135

Multiple Choice

Which of the following happens if the government intervenes in a labor dispute and requires settlement through binding arbitration?

• A)A neutral third party makes a decision that both parties must accept.
• B)A neutral third party makes a decision that both parties may reject.
• C)One party sues the other in court.
• D)The two parties negotiate an agreement without assistance, and both must accept it.
• E)The two parties negotiate an agreement with assistance from their attorneys, and both must accept it.

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Definitions:

Bargaining Power

The relative capacity of parties in a negotiation to influence the terms and outcome of the agreement.

Overtime Compensation

Additional pay provided to employees who work beyond the standard hours defined by their contract or by law.

Noncompetition Clause

A provision within a contract that restricts one party from engaging in activities that compete with the other party, typically after the termination of the agreement.

Enforceable

Describes a contract or legal obligation that is valid and can be upheld and compelled by law.