Peyton,Qiana,and River Form a Syndicate to Buy a Professional Basketball

question 14

Multiple Choice

Peyton,Qiana,and River form a syndicate to buy a professional basketball franchise.This syndicate could be set up as

• A)a joint venture.
• B)a corporation.
• C)a sole proprietorship.
• D)a limited liability company.

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Definitions:

Canadian Labour Congress (CLC)

A national trade union center, representing Canadian workers and their interests through collective bargaining and legislative advocacy.

Department of Labour

A government agency responsible for overseeing employment practices, working conditions, and labor relations.

Local Union

A branch or chapter of a larger labor union that represents workers in a specific location or area.

Interest-Based Bargaining

A negotiation strategy where parties collaborate to find mutually beneficial solutions based on their underlying interests, rather than competing over fixed positions.