Which of the following is true about successor organizations?
A) Where ownership changes but operations continue unchanged,the new owner must honor the existing contract.
B) A firm that merges with another firm assumes existing contractual obligations.
C) Where operations continue but,because of layoffs and/or new hires,the union lacks a majority,the employer has an obligation to honor a contract.
D) When a closed firm is reopened by new owners,the bargaining relationship ceases to exist if a majority of the employees worked for the former company and were in a represented unit.

Question

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The Answer of Which of the following is true about successor organizations?
A) Where ownership changes but operations continue unchanged,the new owner must honor the existing contract.
B) A firm that merges with another firm assumes existing contractual obligations.
C) Where operations continue but,because of layoffs and/or new hires,the union lacks a majority,the employer has an obligation to honor a contract.
D) When a closed firm is reopened by new owners,the bargaining relationship ceases to exist if a majority of the employees worked for the former company and were in a represented unit.

Which of the Following Is True About Successor Organizations