Ratification means that the union and management now have a negotiated

QUESTION

Ratification means that the union and management now have a negotiated labor-management contract that both sides have signed.

Indicate whether the statement is true or false.

ANSWER

Answer: FALSE
Explanation: After labor and management have been collective bargaining and have reached some agreement, union representatives take the collective bargaining results back to be voted on. Ratification means that the union members have voted to accept the contract. Only then does the contract get signed by both sides. The signed contract is what is called the negotiated labor-management contract.