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What is the effective annual cost of credit terms of 1/10 net 30, if the firm stretches the accounts payable to 45 days?
Social Security
A government program providing economic assistance to people with an inadequate or no income.
Yellow-Dog Contracts
A type of employment agreement where the worker promises not to join a labor union during the term of employment.
Norris-LaGuardia Act
A 1932 U.S. federal law that limited the power of courts to issue injunctions against non-violent labor disputes and upheld workers' right to strike.
Unemployment Compensation
is financial support provided by the government or a fund to unemployed workers who meet certain eligibility requirements.
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