The wage curve illustrates the relationship between the pay rates for jobs in each pay grade and the points or rankings assigned to those jobs or grades through the job evaluation process.
Job evaluations are conducted to determine the value of a job within an organization, taking into account factors such as job duties, required skills, and responsibilities. This helps organizations establish fair and competitive pay structures.
By plotting the wage curve, employers can visualize the distribution of pay rates across the different job grades, ensuring a consistent and equitable approach to employee compensation. This curve assists in maintaining internal and external pay equity, preventing discrepancies that could lead to dissatisfaction among employees and difficulties in attracting and retaining talent. Furthermore, the wage curve serves as a benchmark for adjusting pay rates to accommodate changes in the labor market or organizational priorities. As a result, it is an essential tool for organizations to keep their compensation strategies aligned with both their internal objectives and external market conditions.
In summary, the wage curve displays the pay rates for jobs within each pay grade in relation to their job evaluation points or rankings, helping organizations maintain a fair and competitive compensation system.
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In a(n) __________, an inexperienced worker learns by working alongside an experienced employee to master the skills and procedures of a craft
In a(n) apprenticeship, an inexperienced worker learns by working alongside an experienced employee to master the skills and procedures of a craft
There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.
Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.
Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)
In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.
Why Should Minimum Wage be Increased?Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.
Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.
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list your personal interest
Answer:
my interest is to reach conqueror in pubg mobile
Is it better to have your interest compounded annually, quarterly, or daily? Why?
(10 points: 5 for the correct answer, and 5 for the explanation)
Answer:
It would be better to have it daily so you can keep an everyday record.
Explanation:
Hey does anyone go on the website Mkchat if you dont pls dont answer thnx
Answer:
yes i do
Explanation:
also pls answer my question on my profile im giving 66 points
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the ____________________.
the Medicare Fee Schedule
The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the Medicare fees.
What is conversion factor?The conversion factor which is basically a mathematical ratio that expresses the relationship between two different units of measurement for the same quantity.
It is used to convert one unit of measurement to another equivalent unit of measurement. For example, the conversion factor between inches and centimeters is 2.54, meaning that 1 inch is equivalent to 2.54 centimeters.
Conversion factors are often used in scientific and engineering calculations, where measurements are expressed in different units.
On the basis of the Medicare fees, the conversion factor (CF) which is a national dollar amount is applied.
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Fair value is used as the basis for valuation of a firm's debt investments when: Multiple Choice the market value is less than cost for the investment. management's intention is to dispose of the investment within one year. the investment is classified as held-to-maturity. the investment is not classified as held-to-maturity.
Fair value is used as the basis for valuation of a firm's debt investments when the investment is not classified as held-to-maturity.
Fair value is used as the basis for valuation of a firm's debt investments when the investment is not classified as held-to-maturity.
Held-to-maturity investments are recorded at amortized cost, while other debt investments, such as those classified as available-for-sale or trading, are typically recorded at fair value.
Fair value represents the current market price or the estimated price that would be received if the investment were sold in an orderly transaction between market participants. Therefore, when an investment is not classified as held-to-maturity, fair value is used for its valuation.
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Fundamentally,research ethics are about doing the right thing for all involved.Discuss this statement with examples from PR research perspective
Research ethics in PR are centered on doing the right thing for all involved by prioritizing participant well-being, accuracy of information, and societal impact.
Research ethics in the field of public relations (PR) are crucial as they ensure that all parties involved are treated ethically and fairly. This statement highlights the importance of conducting research in an ethical manner, keeping in mind the well-being of participants, the accuracy of information, and the impact on society. For instance, in PR research, it is essential to obtain informed consent from participants before collecting data. This ensures that individuals are aware of their participation and any potential risks involved. Additionally, maintaining participant confidentiality is crucial to protect their privacy and prevent any potential harm. Furthermore, it is important to conduct research with honesty and integrity, avoiding any manipulation of data or misrepresentation of findings. Adhering to ethical guidelines helps build trust and credibility in the PR industry, ensuring that research is conducted in an ethical and responsible manner that benefits all parties involved.
Research ethics in PR are centered on doing the right thing for all involved by prioritizing participant well-being, accuracy of information, and societal impact.
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Match each Legal Services career with its description
Legal Secretary
Judge
Paralegal
handles correspondence for legal
organizations
helps people negotiate and overcome
conflicts
prepares paperwork and researches
information to help Lawyers
provides legal representation, advice,
and assistance
manages and oversees proceedings in a
court of law
Lawyer
Arbitrator
The correct matching of the Legal Services career with its description is:
handles correspondence for legal organizations- Legal Secretaryhelps people negotiate and overcome conflicts- Arbitratorprepares paperwork and researches information to help Lawyers- Paralegalprovides legal representation, advice, and assistance- Lawyermanages and oversees proceedings in a court of law- JudgeWhat is a Legal Service?This refers to the numerous services which has to do with legal matters and may include representation in court to help a client in a legal case.
With this in mind, we can see that a paralegal is a professional who has to training to help lawyers when preparing a case and has more responsibility than a legal secretary.
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the basic difference between a first-stage cost allocation and a second-stage cost allocation is that:
The basic difference between a first-stage cost allocation and a second-stage cost allocation is the level of detail and complexity involved in assigning costs to different cost objects.
Cost allocation is a process used by businesses to distribute and assign indirect costs to products, services, or other cost objects. Indirect costs are expenses that are not directly attributable to a specific product or service but are necessary to produce or provide it. Examples of indirect costs include rent, utilities, salaries of support staff, and insurance.
The objective of cost allocation is to accurately determine the cost of each product or service, which can then be used to set prices, evaluate profitability, and make informed business decisions. There are various methods for allocating costs, such as the direct method, step-down method, and reciprocal method. Each method has its own advantages and disadvantages, and the choice of method depends on the nature of the business and its cost structure.
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Do you think Home Depot is segmenting the contractor market using only business variables or a combination of business and consumer variables
Amazon.com and expedia.com are best described as ________ that sell products and services directly to final buyers via the internet.
Amazon.com and expedia.com are best described as e-tailers that sell products and services directly to final buyers via the internet.
E-tailers mean Electronic retailers. An e-tailer is a store or individual who does business only or primarily on the internet. Thus, through this form of electronic commerce consumers directly buy goods or services from a seller via the internet rather than physically entering a store.
E-tailing is able to reach a broader range of consumers, and consumers are able to purchase unique products not offered in their country.
Hence, Amazon.com and expedia.com are the best examples of e-tailers that sell products and services directly to final buyers via the internet.
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Professional video game players can make a living playing, and winning, video game tournaments. Marketing in the video game industry is primarily based on what type of market segmentation?
Answer:
The hardware market is a typical oligopoly, with three major companies: Nintendo, Sony and Microsoft. Economists have realized that the sales of hardware are positively influenced by the quality of its software, and the sales of software are also affected by the sales of hardware.
Explanation:
Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT
The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
What are accounting systems?Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.
If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.
It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
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Answer: The loss of trust in the accounting profession
Explanation: believed the other person aaaannnnnddddd got it wrong
Priya discovered problems in coordinating the workflow going from her department to marketing. she identified some situations that needed correction and asked employees to submit suggestions for improving them. after discussing these suggestions with her employees, priya chose two to implement and assigned a supervisor to oversee implementation. priya's actions suggest that she favors the ___________ leadership style.
Priya's actions suggest that she favors the participative or democratic leadership style. Theanswer to the question is participative/democratic leadership style.
In the participative leadership style, leaders involve their team members in the decision-making process by asking for their input, suggestions, and feedback
This style involves involving employees in decision-making and encouraging them to contribute to problem-solving. In this case, Priya identified the problem and asked for suggestions from her employees, discussed those suggestions with them, and implemented two of them with the help of a supervisor. This approach empowers employees and fosters a collaborative environment where everyone feels valued and heard.
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What is the new law the American government enacted for promoting small businesses in the country?
O The Small Businesses Act of 1954.
O The Small Businesses Act of 1953.
O The Small Businesses Act of 1955.
O The Small Businesses Act of 1958.
Answer:
The Small Businesses Act of 1953.
Explanation:
In the United States of America, majority of the competitive landscape or business environment is made up of small business enterprise.
The Small Business Administration (SBA) is an agency of the federal government that is saddled with the responsibility of providing both managerial and financial assistance to small businesses in the United States of America.
The Small Businesses Act of 1953 was enacted as an Act of Congress on the 30th of July, 1953 by the Congress of the United States of America to create the Small Business Administration (SBA).
Hence, SBA was established in 1953 as an autonomous (independent) agency of the government of the United States of America to aid, counsel, assist and protect American entrepreneurs and to preserve small business institutions.
Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.
The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, so as to provide them with the necessary funds required to plan, start and grow their business.
Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.
In conclusion, the Small Businesses Act of 1953 was the new law the American government enacted for promoting small businesses in the country.
Which of the following is a disadvantage of venture capital? a.) Venture capitalists do not have a method for diversifying their risk. b.) Like a bank loan, venture capital must eventually be repaid, although the terms are more flexible. c.) Companies that receive venture capital are more closely monitored by investors than they might otherwise be. d.) Companies that receive venture capital transfer full ownership of the company to investors until the IPO.
Companies that receive venture capital are more closely monitored by investors than they might otherwise be is a disadvantage of venture capital.
What is a venture capital and how does it work?Investors lend money to start-up enterprises and small organizations that they believe have the potential to grow significantly over the long term. This type of funding is known as venture capital (VC). Rich investors, investment banks, and other financial institutions are often where venture money comes from.
When money is invested in exchange for equity in a firm that appears to be on the verge of considerable growth, known as venture capital (VC), it is known as an equity financing method. A venture capitalist is someone who makes these types of investments. As a matter of fact, venture capital is a form of private equity (PE).
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What is the standard portion cost for a 1-ounce portion of sundried tomatoes purchased by the pound for $7. 69 per pound?.
Answer:
0.48 $
Explanation:
there are 16 ounces in 1 pound, so 7.69/ 16= .48
Don Ghonski received his credit card statement. This report showed $45 in new purchases, a current balance of $178, a payment of $70, and finance charges of $2. What was the amount of Don’s begin- ning balance from the previous month?
The amount of Don's beginning balance from the previous month was $155.
Don Ghonski received his credit card statement. This report showed $45 in new purchases, a current balance of $178, a payment of $70, and finance charges of $2.
To determine the amount of Don's beginning balance from the previous month, we'll use the formula:
In order to determine the amount of Don's beginning balance from the previous month, we need to use the given formula which is:
Beginning balance = Current balance - Payment + Finance charges + New purchases
Where the Beginning balance is the amount of Don's balance from the previous month. The current balance is the balance shown in the current statement. Payment is the amount that Don paid during the month. Finance charges are the interest charges on the outstanding balance. New purchases are the purchases made during the current statement period.
Plugging in the given values in the formula we get,
Beginning balance = $178 - $70 + $2 + $45= $155
Therefore, the amount of Don's beginning balance from the previous month was $155.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.
Answer:
caution research company first
Explanation:
safest option
A firm's product line depth is the number of Blank______ within a product line, as opposed to the number of product lines a firm has.
The blank space about a firm's product line depth should be filled with; products.
What is Product line depth?Product line depth refers to the number of products offered under a product line.
It therefore follows from the definition above that; Product depth in some cases may include details like a product's size, flavor, useful life and other characteristics. For instance, if a company has a product line of plantain chips that includes five flavors and three bag sizes, the product depth for the line is consequently, 15.
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877 N.W.2d 597,2016 S.D. 26 (2016) Supreme Court of South Dakota "As the sole general partner, Delores is responsible for the management of the partnership." -Steven Zinter, Justice Facts Delores Gibson created the Gibson Family Limited Partnership (GFLP) for estate planning reasons. She deeded 2,060 acres of farm and ranch land that she owned to the partnership. Delores, as the general partner, kept 8.4 percent interest. Her sons, Michael and Greg Gibson, the limited partners, each received a 45.8 percent interest in the partnership. Neither Michael nor Greg paid for their interests in the partnership, and they had no significant duties. Pursuant to the partnership agreement, Delores, the general partner, was responsible for the management of the partnership and had sole authority to decide with whom the partnership conducts business and whether to distribute income. The partnership agreement provided that the limited partners could not withdraw from the partnership. the leased property to Greg for $1,100,000. The money became property of GFLP. The lease on the term. Michael sued Delores and GFLP, alleging that Delores breached her fiduciary duty. The jury Michael and Greg jointly farmed and ranched on the 2,060 acres. After four years, the brothers split, and each started his own cattle and farming operation. GFLP loaned Greg $350,000, and then leased the 2,060 acres to Champaygn Ranch, a business owned by Greg and his wife, for a 20 -year Michael filed suit against GFLP and Delores, alleging that Delores breached her fiduciary duty as GFLP's general partner because of GFLP's transactions with Greg, and for failure to make partnership distributions. Michael also sought equitable relief, demanding his dissociation from GFLP and payment for his ownership interest. At trial, evidence was presented that the sale price for the 830 acres was fair market value. The jury found that Delores had not breached her fiduciary duty, and the court denied Michael's equity claim to quit the partnership and be paid for his interest in the partnership. Michael appealed the court's denial of his claim to quit the partnership and be paid value. Issue Can Michael dissociate from GFLP and be paid for his ownership interest? Language of the Court As the sole general partner, Delores is responsible for the management of the partnership. The is no dispute that GFLP is a limited partnership. Michael was not entitled to withdraw under the limited partnership agreement. Under the partnership agreement, Delores was not required to make distributions, and she had complete discretion to decide with whom and how to conduct partnership business. Decision The Supreme Court of South Dakota held that Michael, as a limited partner, could not withdraw from GFLP and be paid for his ownership interest.
In the case of Gibson v. Gibson Family Limited Partnership, the Supreme Court of South Dakota ruled that Michael Gibson, as a limited partner, could not dissociate from the partnership (GFLP) and be paid for his ownership interest.
Delores Gibson, the sole general partner, was responsible for the management of the partnership according to the partnership agreement.
The court found that under the agreement, Michael was not entitled to withdraw from the partnership, and Delores had the discretion to make distributions and decide how to conduct partnership business.
Therefore, Michael's claim to quit the partnership and be compensated for his ownership interest was denied.
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Question 3 of 10
Which of the following is a hard skill that a marketing manager might use on
a regular basis?
A. Using listening skills to understand employee concerns
B. Using spreadsheets to plan budgets
C. Using leadership skills to motivate a project team
D. Using coding skills to create websites for clients
SUBMIT
Answer: B. Using spreadsheets to plan budgets
Explanation: yes
write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"
1. Is there a list of approved suppliers available for reference during the purchasing process?
2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?
3. Is there a process in place for updating the list of approved suppliers?
4. Are there formal reviews for assessing supplier performance?
In sand casting, determine the cost of Malleable Iron at the spout (Cms) per kilogram if (1) the labor cost for furnace operation per kilogram of poured metal is $0.012/kg, (2) the fixed furnace cost is $270/m3, (3) the cost of electricity is $0.097/(kW.h), and (4) the furnace efficiency is 85%.
The cost of Malleable Iron at the spout (Cms) per kilogram in sand casting is 1.3%.
To determine the cost of Malleable Iron at the spout (Cms) per kilogram in sand casting, we need to consider the following factors:
Labor cost for furnace operation per kilogram of poured metal: $0.012/kg
Fixed furnace cost: $270/m3
Cost of electricity: $0.097/(kW.h)
Furnace efficiency: 85%
We can use the following formula to calculate the cost of Malleable Iron at the spout (Cms) per kilogram:
Cms = (F + L + E) / (W x E)
where Cms is the cost of Malleable Iron at the spout per kilogram, F is the fixed furnace cost per kilogram, L is the labor cost for furnace operation per kilogram of poured metal, E is the cost of electricity per kilogram, and W is the weight of the poured metal.
To calculate F, we need to convert the fixed furnace cost from m3 to kg. Assuming a density of 7.2 g/cm3 for Malleable Iron, we get:
F = $270 / (7.2 x 1000) = $0.0375/kg
To calculate E, we need to determine the electricity consumption per kilogram of poured metal. Assuming an efficiency of 85%, we get:
Electricity consumption = 1 / (0.85 x 3600) = 0.00032 kW.h/kg
Therefore, the cost of electricity per kilogram is:
E = $0.097 / 0.00032 = $303.125/kg
Assuming a weight of 1 kg of poured metal, we can calculate the cost of Malleable Iron at the spout per kilogram as follows:
Cms = ($0.0375 + $0.012 + $303.125) / (1 x $303.125) = 1.3%
Therefore, the cost of Malleable Iron at the spout (Cms) per kilogram in sand casting is 1.3%.
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A car company is testing a new type of tire. They want to determine the average stopping distance in light rain, light snow and dry conditions. They test out tires on four randomly selected cars from the lot. They want to know if the stopping distance is significantly different under the three conditions. What is the factor?.
Road conditions is the factor
the distance required for a driver to stop a car completely and safely. The distance a vehicle travels after the driver applies the brakes until it actually comes to a complete stop is known as the braking distance. To protect the safety of drivers, passengers, and pedestrians when Total Stopping Distance is raised, drivers must modify their driving style. The distance a vehicle will travel between when its brakes are completely engaged and when it comes to a complete stop is referred to as the braking distance. Your braking distance is the distance it takes your car to stop completely after you first use the brakes.
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c. Analyse why trade unions are likely to welcome an increase in the money supply. (6)
Answer:
Prolonged inflation educates trade-union leaders to bargain in real terms by allowing for expected price movements, so that incomes rapidly adjust to, or even anticipate, changes in the price level.
I am not sure about this answer.
Increased money supply often results in lower interest rates, which encourages more investment and more money in consumers' hands, which in turn increases consumption. Trade unions respond by increasing their orders for raw materials and increasing production.
What is Trade Union?A trade union commonly referred to as a union, is a group of employees who are dedicated to "maintaining or improving the conditions of their employment," such as obtaining better wages and benefits, improving working conditions, raising safety standards, establishing complaint procedures, and creating rules governing employees' status (rules governing promotions, just-cause conditions for termination, etc.).
They also work to protect the integrity of their trade by increasing bargaining power.
The trade union negotiates labor contracts (also known as collective bargaining agreements) with employers on behalf of its members, known as the rank-and-file, through an elected leadership and negotiating committee.
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An art restorer, after attending art school for a number of years, secured a job restoring the paintings for an art museum. After several years on the job, the artist discovered that he could imitate the artwork of nearly any artist. He decided that he could make some extra money copying the artwork of up-and-coming artists, while staying away from more well-known artists to reduce his chance of getting caught. An art collector searching for a painting by a new artist saw the restorer at an art fair selling various paintings, one of which appeared to be by the new artist. The restorer was selling the painting for $100. The collector thought that the price was very low and that the painting should probably sell for around $500, but she bought the painting anyway, giving the restorer $100 after the restorer confirmed that the painting was an original from the new artist. After taking it to an art appraiser for insurance purposes, she discovered that the painting was a forgery. However, she also discovered that the painting's frame was worth about $125. With which theft offense may the art restorer be charged
Answer: False pretenses.
Explanation:
The art restorer ma be charged with false pretenses. An individual will be charged with take pretense when the person makes an intentional statement so that he or she can defraud a victim.
In this case, through false pretense, the art restorer defrauded the art collector of $100 since the painting was forgery. The art restorer obtained title to another person's property in this case through false pretense is as to defraud the art collector.