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faust18 [17]
3 years ago
5

Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose

not to join the union representing her fellow repair workers, she would still have to pay a fee to the union. Apparently, Marshall operates under a(n)__________.A. illegal arrangement, since nonmembers can never legally be required to pay fees to unions.B. closed shop agreement.C. union shop agreement.D.agency shop agreement
Business
1 answer:
Elena-2011 [213]3 years ago
8 0

Answer:

D.agency shop agreement

Explanation:

Agency shop agreement is one where a company or employer is allowed to employ both union and non-union workers. This does not affect existence of the Union.

The employees who are non-union members however need to pay a fee for collective bargaining cost. This fee is called agency fee.

In the given scenario Mary chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union.

She is part of a agency shop agreement

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Fredrick purchased a property worth $150,000 on mortgage. He paid $30,000 as a down payment on this property. However, a recent
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Answer:

Real estate short sale

Explanation:

Real estate is defined as a piece of land and any attached property that is constructed on it.

In real estate business a real estate short sale occurs when the person that owns a property decides to sell the property at a price that is less than the amount on the mortgage.

This usually occurs as a result of financial distress of the owner.

In the given scenario the property has a mortgage value of $150,000 and down payment of $30,000 has been made.

The mortgage amount is now $150,000 - $30,000 = $120,000

However they now sell the property for $115,000 which is less than the remaining mortgage value of $120,000.

This is and example of real estate short sale.

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