Which Statement Is True

question 107

Multiple Choice

Which statement is true?

• A)Firms in service industries are less able to take strikes than those in manufacturing.
• B)The president invokes the Taft-Hartley Act,on the average,about once every five years.
• C)During the last 20 years there have been many more lockouts than strikes.
• D)There has been less work time lost to strikes in the U.S.than in any other industrialized country.

Identify the rights and obligations of parties within various types of sales contracts.

Define and distinguish between sale-on-approval, sale-or-return, and goods-in-bailment contracts.

Discuss the legal consequences of void, voidable, and valid titles in sales transactions.

Explain the impact of shipping terms, such as "CIF", on the risk of loss and transfer of goods.

---

Definitions:

HRM Practices

Human Resource Management strategies and practices focused on the management and development of an organization's workforce, including recruiting, training, performance evaluation, and compensation.

Society for Human Resource Management

A professional organization dedicated to the advancement of human resource management practices and the professional development of HR practitioners.

HR Association

An organization that represents the interests of Human Resource professionals, offering resources, education, and networking opportunities.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.