The Taft-Hartley Act of 1947 permits states to enact right-to-work laws under which employees represented by a union should be compelled to join the union and to pay dues as a condition of continued employment.

Answer the following statement true (T) or false (F)


False

Business

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James's attempt to make a new contract is void because it lacks consideration under the ________ concept

A) illegal consideration B) gift promise C) past consideration D) preexisting duty

Business

Describe the potential ethical issues in the new-product development process.

What will be an ideal response?

Business

A company purchased 100 units for $30 each on January 31. It purchased 170 units for $25 each on February 28. It sold 170 units for $70 each from March 1 through December 31 If the company uses the first-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.)

A) $3,000 B) $4,250 C) $4,750 D) $7,250

Business

The required rate of return for an asset is equal to the risk-free rate plus a risk premium

Indicate whether the statement is true or false

Business