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Business Law and Labor Law Updates
WHAT IS GRIEVANCE MACHINERY?
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Grievance is any question by either the employer or the union regarding the Collective Bargaining Agreement
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A grievance machinery is intended to promote friendly dialogue between labor and management
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A grievance machinery may be established even without a collective bargaining agent
WHO IS A HOMEOWNER?
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A homeowner may be an owner or purchaser of a lot in a subdivision or village
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A homeowner may also refer to an informal settler
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Homeownership may be terminated
WHAT IS MAGNA CARTA FOR HOMEOWNERS AND HOMEOWNERS’ ASSOCIATION?
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Association refers to the homeowners’ association which is a non-stock, nonprofit association
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Homeowners’ association must be registered with the Housing and Land Use Regulatory Board (HLURB)
- Homeowners’ association may be organized not just by owners of a lot in a subdivision or other residential property but also by lessees of a housing unit
Continue reading . .
OBLIGATIONS OF THE PARTNERS WITH REGARD TO THIRD PERSONS (PART II)
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An admission made by any partner concerning partnership affairs within the scope of his authority is evidence against the partnership
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The creditors of the partnership shall be preferred to those of each partner as regards the partnership property
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A partner admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission
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