Sole Properties
A business owned and operated by a single person.
What is sole proprietorship?
A business owned by two or more people.
What is partnership?
A type of business organization owned by many people but treated by law as though it were a person.
What is corporation.
Association of workers organized to improve wages and working conditions.
What is Labor union?
When workers deliberately stop working in order to force an employer to give in to their demands.
What is strike?
The money used to run or expand a business.
What is financial capital?
To explain; to make something more understandable.
What is clarify?
A government document granting permission to organize a corporation.
What is charter?
State laws forbidding unions from forcing workers to join.
What is right-to-work laws?
A union tactic in which striking workers walk with signs that express their grievances.
What is picketing?
The legal responsibility for something, such as an action or debate.
What is liability?
Own a share of the business.
What are limited partners?
The people elected by the shareholders of a corporation to act on their behalf.
What is board of directors.
Process by which unions and employers negotiate the conditions of employment.
What is collective bargaining?
When management closes a workplace to prevent union members from working.
What is lockout?
Have no limits on their liabilities.
What is sole properties?
Use money to grow and to hire more employees.
What is businesses.
A company that has permission to sell the supplier's goods or services in a particular area in exchange for a sum of money.
What is franchise.
Makes sure that these elections are carried out fairly and honestly.
What is National Labor Relations Board?
A court order to stop some kind of action.
What is injunction?
To seek information or advice from a person or resource.
What is consult?
States what role each partner will play in the business.
What is legal agreement?
A business that does not intend to make a profit for the goods and services it provides.
What is nonprofit organization.
Consist of all the members of a particular union who work in one factory.
What is the local?
Situation in which union and company officials bring in a third party to try to help them reach an agreement.
What is mediation?