According to the Concept of Preemption, ________

question 24

Multiple Choice

According to the concept of preemption, ________.

• A) the NLRB has authority only in purely local disputes
• B) employees have the right to decide whether they want to join a union or not
• C) federal law takes precedent over state law
• D) wholly owned government corporations are under the jurisdiction of the NLRB

---

Definitions:

Lump Sum

A single payment made at a particular time, as opposed to several smaller payments.

Compounded Semi-annually

Interest on an investment or loan is calculated and added to the principal sum twice a year.

Financial Functions

Mathematical expressions that are used to calculate interest, future values, present values, payments, and other financial metrics.

Compounded Quarterly

A method of calculating interest where the interest is added to the principal four times a year, leading to a faster growth rate of the investment or loan due to the compounding effect.