Given the Corporate Form of Business Organization,ownership

question 16

Multiple Choice

Given the corporate form of business organization,ownership:

• A)must be granted with equal rights assigned to each and every shareholder.
• B)transfers are unlimited.
• C)can only be transferred with the approval of the board of directors.
• D)is controlled by the corporate officers.
• E)must be held by non-management owners.

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Definitions:

NLRA

The National Labor Relations Act, enacted in 1935, which is fundamental labor law in the United States protecting the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses, and the U.S. economy.

NLRA Protection

Refers to the legal safeguards for employees' rights to organize and bargain collectively, established by the National Labor Relations Act.

Demographics

Statistical data relating to the population and particular groups within it, often used to identify market trends and economic policies.

Representation Election

A vote held among employees to determine whether they wish to be represented by a labor union in dealings with their employer.