Examlex
A promise received from a business's customers to pay for goods and services that they received from the business is called a(n) :
Representation Election
A voting process where workers decide whether they want to be represented by a union in dealing with their employer.
Decertification Election
A formal vote by workers in a bargaining unit to determine whether they wish to remove the union as their representative.
Collective Bargaining Agreement
An agreement resulting from negotiations between an employer and a group of employees to determine the conditions of employment.
Rational Choice Model
An economic principle that assumes individuals always make prudent and logical decisions that provide them with the highest personal utility.
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