Asked by Jessica Donovan on Sep 29, 2024
The legal environment affecting labor relations includes all of the following except:
A) monetary policy.
B) common law.
C) bankruptcy codes.
D) deregulation.
Legal Environment
The framework of laws, regulations, and court decisions that influence the operations of businesses and organizations.
Monetary Policy
The process by which the central bank or monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
Common Law
The body of law derived from judicial decisions of courts and similar tribunals, rather than laws passed by legislatures or executive bodies.
- Comprehend the legal framework that influences labor relations and its elements.
Learning Objectives
- Comprehend the legal framework that influences labor relations and its elements.
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