Explain the two exceptions of contract bar rule
Contract bar rule has two exceptions. First, the Board provides a window, or "open season," during which a rival union can offer its challenge by filing an election petition. This window is open between the ninetieth day and sixtieth day prior to the expiration of the current collective bargaining agreement. If no new petition is filed during the open-season period, then the last sixty days of the contract provide a period during which the parties can negotiate a new agreement insulated from any outside challenges. The second exception to the contract bar rule is that a contract for longer than three years will operate only as a bar to an election for three years. Any contract longer than three years duration will be treated as if it were three years long for the purposes of filing petitions; that is, the open-season period would occur between the ninetieth and the sixtieth day prior to the end of the third year of the agreement.
You might also like to view...
Casewise deletion is an option available for the treatment of missing responses
Indicate whether the statement is true or false
Real estate companies contend that conventional accounting, recognizing depreciation but not the underlying value of the property, misleads investors
Indicate whether the statement is true or false
The only types of retailers that have proven that e-commerce can be profitable are the traditional bricks-and-mortar retailers
Indicate whether the statement is true or false
Which of the following cost of capital measures must be adjusted to account for tax savings?
A. Cost of preferred stock B. Cost of debt, which is measured as the debt's yield to maturity (YTM) C. Cost of retained earnings D. Cost of new common equity E. Dividend yield