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Requirement that the parties to a contract (such as a collective bargaining agreement) regularly meet and discuss with a willingness to reach an accord on proposed new contract terms. It does not necessarily mean that any party is required to make a concession or agree to any proposal.

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15y ago

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What does bargaining in good faith mean?

meaning there is trust and your going to follow through with whatever your bargaining


What is the next step in the process when union representatives and industry cannot come to terms on a contract or issue?

That is called "bargaining to an impasse". IF both sides agree that they cannot reach agreement although they bargained in good faith, the EMPLOYER'S last offer or counteroffer in imposed without further bargaining.


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A good faith deposit in a mortgage transaction is meant to show the seller that the buyer is serious about purchasing the property. It demonstrates the buyer's commitment and helps secure the deal.


What has the author B L Adell written?

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Types of collective bargaining?

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How many pages does Good Faith Collaboration have?

Good Faith Collaboration has 256 pages.