Which of the following is true of union security agreements?
A) Under a closed shop agreement, an employer hires workers who are not part of any union.
B) Under an agency shop agreement, an employer only hires workers who agree to not join any union.
C) An employee hired under a union shop agreement is represented by more than one union.
D) Dues checkoff refers to the deduction of union dues and agency fees from employees' wages.
D
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Mr. and Mrs. Kelly listed their home with broker Hunt. After two months, the Kelly's found a buyer themselves and the sale closed. However, when broker Hunt attempted to collect a commission, he was told that the seller did not have to pay him. What kind of a listing did he probably have?
a. exclusive agency listing b. exclusive right to sell listing c. net listing d. advance fee listing
What return on investment would you earn if you bought a stock on 1/1/16 for $100, received a 1% per quarter dividend and sold the stock on 1/2/2017 for $107?
A) 9% B) 11.2% C) 12.07% D) 11%