If an Employer Sells a Unionized Business, the Union Must

question 31

True/False

If an employer sells a unionized business, the union must apply for certification as the bargaining agent with the new business owner.

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Definitions:

Capital Contributions

The value of assets contributed to a company by its owners or shareholders.

Beginning Capital Balance

The amount of capital recorded in a company's accounts at the start of a financial period.

Personal Use

The employment of an asset or resource for individual rather than business or commercial purposes.