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Describe three alternatives to strikes and lockouts that are used to resolve contracts.
Highly Regulated
Pertaining to industries or sectors that are subject to extensive governmental rules and oversight.
White-Collar Crime
A variety of nonviolent illegal acts against society that occur most frequently in the business context.
Nonviolent Illegal Acts
Activities that break the law but do not involve the use of physical force or violence.
Felony
A serious crime that is punishable by more than one year in prison, as opposed to a misdemeanor, which is less severe.
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