The Section of the Collective Agreement That Identifies the Recognized

question 71

Multiple Choice

The section of the collective agreement that identifies the recognized trade union and clarifies its rights and responsibilities as the exclusive bargaining agent for the employees in the bargaining unit, is known as the ________ clause.

• A)union recognition
• B)union rights
• C)union security
• D)bargaining unit descriptor
• E)union exclusivity

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Definitions:

Active Portfolio Management

A strategy where managers make specific investments with the goal of outperforming an investment benchmark index.

Passive Strategy

An investment approach that involves holding a diversified portfolio to match the performance of a market index over time, minimizing buying and selling actions.

After-tax Holding-period Return

The return on an investment after accounting for taxes, over the period it was held, reflecting the true gain or loss.

Personal Trusts

Financial instruments in which assets are held by a trustee for the benefit of the trust's beneficiaries according to the terms of the trust agreement.