Who Is Responsible for Overseeing the Process of Forming a Local

question 24

Multiple Choice

Who is responsible for overseeing the process of forming a local union?

• A) The management of the organization being unionized
• B) The Department of Labor
• C) The National Labor Relations Board
• D) The national union(s)involved
• E) Employees

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Definitions:

Securities Exchange Act

A U.S. law enacted in 1934 to govern the trading of securities, such as stocks and bonds, aimed at protecting investors from fraud.

Solicitation of Proxies

The process by which shareholders are asked to delegate their voting power to representatives to vote on their behalf at shareholder meetings.

Section 12

A specific segment or part within a legal document or statute that addresses a particular point of law.

Section 14(a)

Typically refers to a provision in the Securities Exchange Act of 1934 that deals with proxy solicitations.