Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/53

Click to flip

53 Cards in this Set

  • Front
  • Back
g
g
Yellow-dog contracts
Employment contracts in which new employees promise not to join a union.
Ex parte Injuction
Injuction issued by a judge after hearing only one side of an argument.
Bargaining unit
Any group of employees whose employment contract is negotiated together.
Authorization card
Signature on card indicates that a worker wants to be represented by a particular union.
Representation election
Conducted by a union if workers wish to be represented by a union but management will not voluntary recognize it.
Certification
Selecting a bargaining representative by a majority secret vote of the workers in the bargaining unit; NLRB then recognizes that union as the exclusive negotiator for all the employees in the bargaining unit.
Decertification election
Process by which employees can reject union representation or select a different union.
Union Shop
Establishment in which all workers must join the union within a stated period.
Agency Shop
Establishment in which nonunion members are not required to join the union but must pay union dues.
Open Shop
Establishment in which nonunion members are not required to join the union or to pay union dues.
Sherman Antitrust Act
Passed in 1890 and prohibited restraints of trade and made business monopolies illegal.
NLRB
National Labor Relations Board. Administers the rights and duties given to workers, employers, and unions.
Right to work laws
State laws which ban the union shop, the closed shop, and the agency shop.
Collective Bargaining
Process by which the union and employer negotiate a contract of employment that binds both sides.
Strike
Collective work stoppage by employees to pressure the employer to give in to union demands.
Lockout
Employer shutdown of operations to force a union to agree to the employer's position.
Deadlocked
Collective bargaining situation in which the union and employer cannot agree on important issues.
Mediation
Attempt by a neutral third party to achieve a compromise between two parties in a dispute.
Employment Discrimination
Treating individuals differently on the basis of race, color, gender, national origin, or religion
Protected Class
Groups that employment law protects.
Insurance
Agreement under which one party will pay to offset a loss to another.
Indemnify
To make good a loss
insurer
party who will indemnify if the loss occured.
insured
Party protected or covered if loss occurs.
beneficiary
Party for whose benefit a trust is managed; also recipient of the amount to be paid under an insurance policy.
policy
Written contract of insurance.
face value
Stated maximum amount that could be paid under a policy.
premium
Consideration for insurance contract
Risk
Potential loss that is insured against.
What are the seven major types of Insurance?
Life (term for a certain number of years and whole life), fire, casualty (burglaries, automobiles, liability, disability), social, marine, inland marine, and fidelity and surety bonding insurance.
Insurable interest
Potential to sustain loss if the insured property is damaged or destroyed or if the insured person is injured or dies.
RSDHI
Retirement Survivors' Disability and Health Insurance
Automobile insurance
Insurance providing liability and other coverages for the operation of a motor vehicle. Often augmentated by an omnibuas clause which extends similar coverage to all members of a household.
Collision Inurance
Automobile insurance that protects against upset and direct and accidental damage due to colliding with another object.
Comprehensive Insurance
Insurance that covers against all damage to the insured's car except that caused by collision or upset.
What are the three principal forms of business organizatin?
Sole proprietorship, partnership, and corporation.
Sole proprietorship
Form of business owned by one person who has total unlimited liability.
Partnership
Association of two or more persons, as coowvers, to carry on a business for profit.
Corporation
Legal entity created by the authority of federal or state law.
No-fault insurance
insurance that requires that the parties to an automobile accident be covered by their own insurance company, regardless of who is at fault.
What different types of insurance are there?
Retirement, survivor's, disability, health
Waht is the variety of criteria with which one cannot consider when making employment decisions?
Race and color, gender, pregnancy, age, religion, disability, national origin.
Conditions of employment
Illegal to discriminate against protected classes in any aspect of the job.
Organizations subject to these laws.
Most employers with fifteen or more employees and engaged in interstate commerce subject to this.
property
Tangible and intangible things and their corresponding legal rights and interests. Includes right to posses, use enjoy it...dispose consume or destroy it,,,anmd give it away after deatrh.
real propety
land...realty
personal property
tangible, movable property and intangible property. Also called personalty
goods
items of tangible, movable, personal property
intellectual property
purely intangible personal property that one cannot touch or move.
copyright
protects the expression of a creative work, such as the work of an artist, author, or composer.
infringement
unauthorized copying, sale, display, or performance of a copyrighted work
fair use
limited use of copyrighted works by critics, researchers, news reporters, and educators.