The Three Main Parties Who Create and Enforce the Rules

question 15

Multiple Choice

The three main parties who create and enforce the rules that regulate the employment relationship are:

• A) the state, employers, and employment relations consultants.
• B) the state, employers and employees.
• C) the courts, employers and employees.
• D) the state, employees and employment relations lawyers.

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Definitions:

Security Sold Privately

A financial instrument, such as a stock or bond, that is sold directly to investors rather than through a public market.

Directly

Pertains to having an immediate connection or interaction without any intermediaries.

Indirectly

In a manner that is not directly done or expressed; involving an intermediary or being achieved through a secondary effect or means.

Debt Securities

Financial instruments that represent a loan made by an investor to a borrower, typically consisting of corporate bonds, government bonds, and other types of loans.