Which One of the Following Occurred During the 2002 Labor

question 135

Multiple Choice

Which one of the following occurred during the 2002 labor dispute between the International Longshore and Warehouse Union and the employers at 29 West Coast ports?

• A)President Bush invoked the Taft-Hartley Act.
• B)Workers engaged in a month-long work slowdown.
• C)The union got a guaranty of lifetime employment for those whose jobs were in jeopardy and a substantial pay increase.
• D)All of the choices are correct.

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Definitions:

Bonus Pool

A fund allocated for bonuses, typically based on company performance, and distributed to employees based on predetermined criteria.

Fixed Percentage

A specified, constant proportion or rate that does not change with variation in base quantities, often used in financial contexts like interests or commissions.

Deferred Profit-Sharing Plans

A type of profit-sharing plan where contributions are deferred and placed in a trust for the employee until a set time, often retirement.

Quasi Pension Plans

Programs that mimic traditional pension plans but typically offer more flexibility and are often funded by the employees, sometimes with employer contributions.