If an Employer Is Bought Out by Another Business During

question 15

Multiple Choice

If an employer is bought out by another business during a collective bargaining agreement, the existing contract:

• A) Must be honored by the new owner.
• B) Is only binding on the new owner for a period up to 1 year.
• C) Is not binding on the new owner.
• D) Must be honored by the previous owner.

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Definitions:

Economic Burdens

Economic burdens are financial strains or pressures faced by individuals, families, or societies due to various factors such as debt, unemployment, or healthcare costs.

Child Support

Financial contributions ordered by a court for the expenses associated with raising a child, typically paid by the non-custodial parent to the custodial parent.

Teenage Pregnancy

Occurs when a girl becomes pregnant during her adolescent years, often resulting in a range of socio-economic and health challenges for both mother and child.

Premarital Pregnancy

A term referring to pregnancy that occurs before marriage.