After Certifying a Union,the NLRB Sets Certain Limits for Future

question 37

Multiple Choice

After certifying a union,the NLRB sets certain limits for future elections.Which of the following is one such limit?

• A) It will not permit additional elections for five years.
• B) After the union and employer have finished negotiating a contract, an election cannot be held for the time of the contract period or for two years, whichever comes first.
• C) The parties to the contract may agree not to hold an election for longer than three years.
• D) After negotiating a contract, union elections cannot be conducted online.
• E) An outside party can be barred from holding elections for more than three years.

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Definitions:

Responsible Person Doctrine

A legal principle that holds an individual in a business or enterprise accountable for ensuring compliance with tax laws and regulations.

Acting in Good Faith

A principle of honesty and fairness in dealings, implying the absence of fraud, deceit, or intent to deceive in a transaction or interaction.

Leveraged Buyout (LBO)

A takeover-resistance strategy in which a group within the target corporation buys all the corporate stock held by the public, thereby turning the company into a privately held corporation.

Outstanding Corporate Stock

Shares of a corporation that have been issued and are currently owned by shareholders.