When All the Workers in a Particular Industry Are Unionized

question 175

Multiple Choice

When all the workers in a particular industry are unionized under a single union,there is a(n)

• A)exclusive union.
• B)inclusive union.
• C)craft union.
• D)revolutionary union.
• E)union town.

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Definitions:

Journal Entry

The record of a financial transaction in the journal, detailing the accounts and amounts affected.

Convertible Bond

A corporate bond that can be converted into a predetermined number of shares of the issuing company's stock at certain times during its life, usually at the discretion of the bondholder.

Bondholder

An investor or entity that owns bonds issued by a corporation or government, holding a claim on the issuer's assets and income.

Unamortized Discount

The portion of a bond's issuance discount that has not yet been amortized or written off over the life of the bond.