Most union contracts contain a no-strike clause prohibiting work stoppages over grievances during the life of a contract. When employees go out on strike in violation of the contract, it is called a _______________________________ strike.

Fill in the blank(s) with the appropriate word(s).


wildcat

Business

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Which of the following statements is not true when FLK Company discounts a note receivable to the bank?

A) FLK may ultimately have to pay the bank when the note is due. B) If the maker of the note pays the bank on time, no liability will result to FLK. C) FLK will receive the maturity value from the bank. D) A contingent liability arises for FLK.

Business

Which of the following are the recommended percentage groupings of the ABC classifications of the dollar volume of products?

A. A items get 25 percent, B items get 15 percent, and C items get 60 percent. B. A items get 15 percent, B items get 45 percent, and C items get 40 percent. C. A items get 15 percent, B items get 35 percent, and C items get 50 percent. D. A items get 20 percent, B items get 30 percent, and C items get 50 percent. E. A items get 25 percent, B items get 35 percent, and C items get 40 percent.

Business

All of the following are potential advantages of commercial paper EXCEPT

A) ability to borrow very large amounts. B) lower interest rates than comparable sources of short-term financing. C) no compensating balance requirements. D) flexible repayment terms.

Business

What are the three major components of the official reserves account?

A) foreign exchange reserves, gold, and IMF-related reserve assets B) foreign exchange reserves, foreign government bonds, gold C) IMF-related reserve assets, gold, and U.S. Dollars D) gold, IMF-related reserves assets, and government-owned land

Business