Match each term with the correct statement below.
a. strike
b. lockout
c. boycott
d. secondary boycott
e. hot-cargo agreement
f. mediation
g. arbitration
h. grievance
1. What is the term that is utilized when union members do not patronize a certain firm?
2. When a third party listens to both sides and makes a binding decision it is called this.
3. What is the tactic used by management to keep employees from their jobs or to prevent union work slowdowns or damage to company property?
4. What is the strongest, and yet most risky, union tool that is used to pressure management to make concessions?
5. What is the term utilized for a formal contractual process when an individual union member, or the union itself, has a complaint about management behavior?
1. C) boycott
2. G) arbitration
3. B) lockout
4. A) strike
5. H) grievance
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Rosiland, Inc. purchases 16,000 shares of its previously issued $2 par value common stock for $460 per share. Which of the following is the correct journal entry to record this transaction?
A) Debit Common Stock—$2 Par Value $7,360,000, and credit Cash $7,360,000. B) Debit Cash $7,328,000, and credit Paid-In Capital in Excess of Par—Common $7,328,000. C) Debit Cash $7,328,000, and credit Treasury Stock—Common $7,328,000. D) Debit Treasury Stock—Common $7,360,000, and credit Cash $7,360,000.
Modesto, Inc leased machinery with a fair value of $250,000 from Layton Machine Co on December 31 . 2014 . The contract is a six-year noncancelable lease with an implicit interest rate of 1 . percent. The lease requires annual payments of $50,000 beginning December 31 . 2014 . Modesto appropriately accounted for the lease as a capital lease. Modesto's incremental borrowing rate is 1 . percent
Assuming the present value of an annuity due of 1 for 6 years at 1 . percent is 4.7908 and the present value of an annuity due of 1 for 6 years at 1 . percent is 4.6048, what is the lease liability that Modesto should report on the balance sheet at December 31 . 2014? a. $189,540 b. $200,000 c. $230,240 d. $239,540
Account analysis:
A. begins with an estimate of a prospect's past sales. B. identifies accounts and their varying levels of sales potential. C. involves four general approaches. D. is another form of value analysis. E. requires management oversight.
If an agent receives a gift from a third person with whom he is dealing on behalf of the principal, he can keep it without notifying the principal
a. True b. False Indicate whether the statement is true or false