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Today's Terms
Futures
Definition:
Contracts that require delivery of a commodity of specified quality and quantity, at a specified price, on a specified future date.
National Labor Relations Act
Definition:
This act once guaranteed workers the freedom to form unions without employer interference. Today, however, this guarantee is not given any more.
Reasonableness
Definition:
Although a certain rule might have been stated, one still needs to ask the question, for instance, "Was it reasonable to fire an employee for selling CDs in the breakroom"?
More Labor Law Terms >
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