After Multiemployer Collective Bargaining Has Begun, an Employer May Withdraw

question 15

Multiple Choice

After multiemployer collective bargaining has begun, an employer may withdraw with ________.

• A) the permission of the Federal Labor Relations agency
• B) the consent of the other employers in the multiemployer bargaining unit
• C) the union's consent
• D) the permission of the Federal Mediation and Conciliation Service

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Definitions:

Newspapers

Periodical publications containing written information on current events, news, articles, and advertisements, often published on a daily or weekly basis.

Thinning The Assets

A process of selectively selling off or disposing of less productive, less profitable, or underutilized assets by a company to improve financial health or operational efficiency.

Holdback Money

Funds retained by one party in a transaction as a safeguard to ensure some form of compliance or completion by the other party.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its standalone assets and liabilities, often attributed to the company's brand, customer base, and reputation.