Billings Paper Co.recently sold their Green Bay,WI plant to a larger company.The union contract specified that any new owner would need to recognize and bargain with the existing union at Billings.This contract provision is called a:

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A successorship clause is a contract provision that requires a new owner of a business to recognize and bargain with the existing union. This means that if the new owner wants to continue operating the business, they must also recognize and bargain with the union that represents the workers. In the scenario given, Billings Paper Co. sold their plant to a larger company, so the new owner would need to recognize and bargain with the existing union at Billings, as specified in the successorship clause of the union contract.