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

1. Shop stewards are company employees that provide advice to union workers on matters such
as interpretation of the contract and their rights in the workplace.
2. Superseniority is a term that is used to describe seniority rights given to supervisors.
3. Under a union shop agreement, workers can be forced to pay dues and join the union.
4. The rights of workers to pay only that portion of union dues that is used for collective
bargaining and contract administration are called "Beck rights."
5. Due check-off clauses protect unions by decreasing the administrative burden of collecting
union dues.


1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. TRUE

Business

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Under the Modified Accelerated Cost Recovery System (MACRS) depreciation method, the salvage value is

a. added to the cost of the asset. b. ignored. c. subtracted from the cost of the asset. d. added to the straight-line depreciation.

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The Drug Amendment to the FDCA gives the FDA broad powers to license new drugs in the United States.

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

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Which of the following statements accurately describes outcome interdependence?

A. Low outcome interdependence exists in teams in which individual members receive rewards and punishments on the basis of their own performance. B. A low degree of outcome interdependence exists when all team members share in the rewards that the entire team earns. C. High outcome interdependence implies that team members depend solely on their own individual performances for the rewards that they receive. D. In teams with high outcome interdependence, the reward that the team receives is not linked to the performance of each team member. E. On teams in which members reflect on their performance, higher levels of outcome interdependence decrease the amount of information shared among members.

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Intellectual property is also called intangible property

a. True b. False Indicate whether the statement is true or false

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