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If a For-Profit Firm That Has Paid Out Record Bonuses

Question 18

Multiple Choice

If a for-profit firm that has paid out record bonuses to its executive every year while underfunding contributions to unionized workers' pensions required under the collective agreement then attempts to reduce workers' pension entitlements, the union members will most likely


A) enter into collective bargaining.
B) be unable to defend against this action.
C) take defensive strike action.
D) receive higher wages instead.

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