GK
RTI ACT 2005
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A key for a lock lost
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When the factory is closed once and for all
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When the factory is closed by the employer to force the workers to accept the imposed terms
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None of the above
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Detailed explanation-1: -A lockout is a work stoppage or denial of employment initiated by the management of a company during a labour dispute . In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.
Detailed explanation-2: -/ˈlɑːk.aʊt/ an occasion when an employer prevents workers from entering their place of work until they agree to particular conditions: The General Strike in 1926 was caused by the lockout of coal miners. Industrial action.
Detailed explanation-3: -▸ A lockout is a temporary withholding or denial of employment during a labor dispute in order to enforce terms of employment upon a group of employees. A lockout is initiated by the management of an establishment.
Detailed explanation-4: -A Lockout agreement is essentially an agreement that a future sale between a property buyer and seller will take place. A lockout agreement allows the buyer exclusive rights to the sale of that property within a certain time period.
Detailed explanation-5: -Temporary closing of a place of employment.