A Union Shop Is a

question 222

Multiple Choice

A union shop is a

• A) strike by a union in sympathy with another union's strike or cause.
• B) dispute involving two or more unions over which should have control of a particular jurisdiction.
• C) business enterprise in which employees must belong to the union before they can be hired and must remain in the union after they are hired.
• D) business which may hire nonunion members conditional on their joining the union by some specified date after employment begins.

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Definitions:

Transfer

The act of moving assets, securities, or other valuables from one party to another.

Lockbox System

A service provided by banks to companies for the collection of payments from customers, involving the use of a special post office box to speed up the deposit process.

Treasury Bills

Short-term government securities issued at a discount from the face value and mature in a year or less, used to raise funds and manage the money supply.