All of the Following Statements About Termination of Bargaining Rights

question 67

Multiple Choice

All of the following statements about termination of bargaining rights are true EXCEPT that

• A)a union is automatically decertified when a collective agreement is not negotiated within one year of certification.
• B)it is possible for a labour union to notify the LRB (or equivalent)that it no longer wishes to represent the employees in a particular bargaining unit.
• C)members may apply for decertification if they are dissatisfied with the performance of a union.
• D)the decertification process generally involves a secret-ballot election.
• E)generally,members may apply for decertification if the union has failed to negotiate a collective agreement within one year of certification.

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Definitions:

Asbestos Claims

Legal claims filed by individuals exposed to asbestos seeking compensation for health issues developed as a result of that exposure.

Diversification

Diversification is an investment strategy that involves spreading investments among various financial assets to reduce exposure to risk.

Expected Gain

The predicted benefit or profit derived from an investment or decision, based on probability calculations.

Pooling Risks

The practice of spreading financial risk among a large number of contributors to reduce the risk to individuals.