State the constitutional requirements for a union to collect agency fees


The requirements are (a) an adequate explanation of the basis for the fee, (b) a reasonably prompt opportunity to challenge the amount of the fee before an impartial decision maker, and (c) an escrow of amounts reasonably in dispute while such challenges are pending.

Business

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Although the preparation of a consolidated balance sheet requires elimination entries, a consolidated income statement may always be prepared without any elimination entries

Indicate whether the statement is true or false

Business

Commercial transactions involving the sale of goods, movable personal property, are governed by which of the following?

a. Article 2 of the Uniform Commercial Code b. Articles 1-3 of the Uniform Sale of Goods Code c. Article 1 of the Federal Sales Code d. Article 1 of the Uniform Credit Code

Business

Sarah found her dream lakefront home, valued at $250,000. She plans to buy a home just like it when she retires in 15 years. Sarah can earn 11% per year on her investments. The price of the house will increase 3% per year for the next 15 years

How much must she invest at the end of each of the next 15 years to finance the purchase? A) $11,320.67 B) $7,266.31 C) $8,952.82 D) $10,198.81 E) $12,565.95

Business

The doctrine of res ipsa loquitur would permit the court to infer negligence in which of the following situations?

A) A can of peas fell off the shelf onto your foot. B) A sign over a storefront fell on your head. C) Neither of these situations. D) Both of these situations.

Business