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Chapter 20 Flash Cards
Flash Cards
15
Business
10th Grade
04/02/2012

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Cards

Term
Employment-at-will
Definition
General rule governing employment in most states.
Term
Union
Definition
Organization of employees that is formed to protect the welfare of its members.
Term
Collective bargaining agreement
Definition
Contract negotiations between the employer and representatives of the labor union covering issues related to employment.
Term
Grievance procedure
Definition
Establishes a series of steps that should have read an employee employee must follow to appeal the decisions of an employer who may have violated the collected bargaining agreement.
Term
Severance pay
Definition
Set amount of money to compensate employees for being discharged.
Term
Promissory estoppel
Definition
Principle that bars a party from taking back certain types of promises, such as charitable subscriptions, on which another party relies.
Term
Implied contract
Definition
A contract that comes about through the actions of the parties.
Term
Disclaimer
Definition
A statement holding that, regardless of any provisions, policies, or oral promises to the contrary, an employment-at-will situation exists between the employer and the employee.
Term
Public policy tort
Definition
Allows fired employees too recover compensatory and punitive damages if he or she can prove that the firing violated public policy.
Term
Implied covenant
Definition
Exception to employment-at-will doctrine that holds in any employment relationship, there is an implied promise that employer and employee will be fair and honest in their dealings with one another.
Term
Closed shop
Definition
Business or company that requires a person to be a member of a union before hired.
Term
Union shop
Definition
Business or company in which a worker must join the union within 30 days after being employed.
Term
Right-to-work laws
Definition
State laws that prohibit union shops.
Term
Featherbedding
Definition
Requiring an employer, usually by union, to keep unneeded employees, to pay employees for not working, or to assign more employees to a given job that are needed.
Term
Child labor laws
Definition
Laws that control the work that children are permitted to do and the hours they are permitted to work.
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