A Collective Agreement Between a Union and an Employer a Grocery

question 62

Multiple Choice

A collective agreement between a union and an employer a grocery store) contains a management rights article and an article relating to technological change. The agreement does not refer to parking. The employer has established rules requiring employees to register their cars with the employer and leave their cars in a specified area. In this situation, which of the following is correct:

• A) The employer can rely on the management rights article to establish the parking rules.
• B) The employer cannot establish the rules because parking is not referred to in the collective agreement.
• C) The employer must obtain the union's consent to the rules.
• D) The principle of estoppel prevents the employer from establishing the parking rules.
• E) The employer can rely on the technological change provisions in the collective agreement to establish the rules.

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Definitions:

Extending Credit

The act of providing goods, services, or money to a borrower under the agreement that repayment will occur at a later date.

Investing

Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit.

Accounting Rule-Making Bodies

Organizations or groups responsible for setting standards and regulations in the accounting field, like FASB or IASB.

CAP

An abbreviation often referring to the "Capitalization" of a company, which is the sum of a company's stock, long-term debt, and retained earnings.