The memorandum of settlement is
A)management's agreement to bargain with the union.
B)a summary of terms and conditions agreed to by the parties.
C)a proposal for negotiation.
D)the signed collective agreement.
E)the union's agreement to bargain with management.

Question

Quizplus · Accepted Answer

The memorandum of settlement is a summary of terms and conditions agreed to by the parties during collective bargaining. It is not management's agreement to bargain with the union, a proposal for negotiation, or the signed collective agreement. It may be accompanied by the union's agreement to bargain with management, but that is not the primary purpose of the memorandum.

The Memorandum of Settlement Is