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Explain What Is Meant by a Floating Charge

question 53

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Explain what is meant by a floating charge.


Definitions:

Hours

Units of time equivalent to 60 minutes, often used to measure the duration of work, services, or events.

Grapevine

An informal and unofficial channel of communication within an organization, often characterized by rumors and non-official information.

Informal Communication System

The unofficial and casual manner in which information circulates within an organization, beyond formal channels like memos.

Unionized Organizations

Workplaces where employees are members of a union, which represents their interests in negotiations with the employer.

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