Examlex
_____ is the popular name for a_____ bankruptcy in which a bankrupt firm's assets are sold by the bankruptcy trustee and the proceeds used to pay the firm's debts.
Exclusive Unionism
A labor policy in which a union negotiates that only union members can be hired by the employer.
Industrial Union
A labor union whose membership is composed of workers from various trades within a particular industry.
Inclusive Unionism
A form of unionism aimed at representing a broad spectrum of workers, including those of different occupations, industries, and demographic backgrounds.
Minimum Wage
The lowest wage that employers may legally pay for an hour of work.
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